I've recently taken the in-class portion of the requirements to become a Real Estate Broker here in Illinois; I was literally in class the week the World quarantined. I've been writing and re-writing my strategy for o...
I'm just wondering if anyone out there owns properties that they use for short term rentals with sites like Airbnb, and if those properties produce significant cash flow. I have heard from some that they can use Airbn...
I have a motivated seller but this would be my first wholesale deal and I'm not positive I can make this deal work.
It is a 3 Bed / 2.5 Bath Townhouse
ARV $105,000
Estimated Repairs $2,000 (clean-up from tenant, ...
Hello! New here and very new to the real estate world and have a Capital gains question in regards to a land sale. (If this post belongs elsewhere please advise.) My father recently purchased a single family home in M...
Is anyone concerned about house hacking techniques that could give you liability exposure with your insurance provider?For example, with some policies short term rentals can get your coverage cancelled or worse, not i...
I'm located in New York but ski/snowboard frequently in Vermont and was wondering if it would be advisable to buy real estate there. Has anyone been successful in doing this? I would be open to different ideas but fig...
Texas Senate Bill 451 just passed the upper house in a 21-9 vote. The bill would roll back local regulations of short-term home rentals recently enacted in cities such as Austin, San Antonio, and Fort Worth. The compa...
Every state is different. I know from living in multiple states, and seeing the laws change every few years, that trends dictate what type of property is worth going after. For example, are the foreclosure laws curr...
I was recently listening to the latest podcast episode of BP (#229 Early retirement through short-term rental properties) and it kinda of struck a cord with me. The idea dawned on me that I could possibly rent a condo...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $11,375
New primary residence that will be turned into a short term rental
What ma...