I’ve been wanting to start one of these from the start and just haven’t had a minute between my job and getting this deal done. The property is an 11 unit converted motel in Livermore, ME. Each unit is 1 Bedroom/1 Bat...
What cap rate do you aim for in this market? Is there a cap rate that is too low for you to consider i.e nothing below a 4?
History: We had bought a house about 5 years ago for my grandma to live in and she has since been moved to a nursing home. Rather than sell the house, we have now had a renter for about 6 months. Currently, we owe 80k...
Hello,I have approx. $250K HELOC available (against my primary residence) that I want to use to invest in residential rental property. What is the best strategy to use this? My LLC already owns one fully-paid rental p...
Greetings.We are finally transitioning most of our rentals into working central AC units (we had 4-5 issues we're working through). The window units we used as 'band aids' are not all utilized. I've got a couple tha...
Question for experienced STR hosts: If you are a super-host on airbnb and a Premier Partner on VRBO, you certainly hate 4 star reviews like me. When there is an issue, you proactively communicate with the guest to avo...
Buying my first property subject- to the existing financing on property. Seller is the executor of original owner and has agreed to allow us to take over payments for 2 - 3 year term. With the loan in place, the sell...
Hello everyone!
I have a couple of questions about investing in land with potentials for future development and I appreciate your insights/advice;
1. Have you ever used raw land as an investment vehicle? What are th...
Hello BP community. I have a dilemma that I would like to ask anybody who is very much aware of current and future market in real estate. If anybody would kindly shed some light I would definitely appreciate it. My ...
My wife and I are taking a 4-6 month trip to Europe and Asia this Fall. We already found a short term tenet willing to sign a 3 month lease with an option for a 4th month. The rent covers PITI and utilities with a lit...