I have located a property in my home town that I'd love to acquire in a 1031 exchange. To do this, I will need to sell one of my existing rentals. One in Centennial, CO, the other is in Lincoln, NE. Here are some details: Centennial has a mortgage. Lincoln does not. Centennial is a SFH, Lincoln i...
Hello everyone! I am investor and I am starting to invest in Toledo, Ohio. My strategy is simple: I prefer to buy cheap houses and make good rental income, even if the neighborhood is not one of the best, like Post Street. I am looking for houses around $50k–$60k that can rent for around $1,000 p...
Imagine a property owner reviewing two financial reports for the same building. One comes from the owner portal. The other comes from the management company's financial statements. The numbers don't match. Naturally, the owner starts asking questions. The property manager investigates and discove...
How to Make REAL Money in Real Estate We all (well many of us) know, or at least suspect that CREATIVITY is the key to real estate wealth, but WHAT does that mean? To me, it means being able to RECOGNIZE an opportunity to earn a substantial profit, understand the level of associated risk, and hav...
Hi everyone. I run REI Professions LLC in San Antonio. We work in owner finance and creative deals, and I am a student of this business like most of us here. Borrowers keep coming to me for financing I do not originate. Right now I have a local investor who needs a rental cash-out and a construct...
I bought into 50% ownership of this Lake Front Condo for pennies. Long Story. I've thought about offering this locally for someone else to make this a STR and do a long-term lease with me. I already have a lake house, so I have no desire to use it myself. I don't want to manage another STR right ...
I am a software developer (not a host), and I am looking to understand how short-term rental operators manage cleaning coordination, with the goal of potentially building a solution. To be clear, I am not selling or promoting anything. I am simply researching to see if there is a genuine problem ...
Hey everyone, I am new to STR and about to pull the trigger on investing through STRsearch.com but they for some reason do NOT want to give me referrals or testimonies which is holding me back and I think that is sketchy. Does anyone have experience using them? What was your experience like? And ...
Hi everyone, my name is Brandon Zarin, and I'm 21 years old from the North/Central Jersey area. I'm interested in investing in Real Estate and ideally starting out with House hacking. I feel I am running into a few issues in my head and would love some advice from others. How do you find properti...
I need a handy man that can repair windows
If I could go back and talk to my younger self when I first started buying rental properties, this is one of the conversations we'd have. One of the things that I think confuses people, especially because I'm the broker for a property management company, is they assume we manage tenants. They'll ...
Hi, I am needing some advice from a property purchased in 2022 in Central Florida using the House Hack method. Of course, I am one of the 11.7% of FHA owners who bought in 2022 that went underwater. I am a realtor part time and full time RN. I was on a contract when Ian hit in 2022 and my contrac...
I read Airbnb's new house-rules policy (Help 4168/4169) in full and rewrote a friend's cabin listing against it last month — Rick's cabin in the Blue Ridge Mountains. He agreed to be the example; the pack was delivered to him in October. Sharing what I found in case it helps anyone doing the same...
Hello, I am looking into applying as a real estate wholesaler in CT soon. For experienced wholesalers, how did you start/grow your buyers list? Do you communicate mostly through call/text? Would it be beneficial to get in contact with local real estate agents as well? If any investors are interes...
For those doing fix-and-flips, what’s one expense that caught you off guard on a project? An unexpected repair is one thing. Having it eat into the money set aside for your next contractor payment or materials order is another. I work with business owners and investors on business funding, and I’...
I am new to RE investment and I think I might have jumped the gun on setting up an LLC. I'm a resident of California. Originally, when I began to explore real estate investment, my plan was to start accumulating properties in CA, so I opened up an LLC here and am going to have to pay the $800 fra...
Hey BP, Out-of-state investor here looking for a quick reality check from seasoned remote landlords and PMs. My wife and I really try to treat our property managers like partners - the last thing we want is to micromanage or insert ourselves into the nuanced business of property management. Latel...
Hey everyone, I'm relatively new to real estate investing and have been putting together an Excel calculator to analyze potential rental properties, primarily using the BRRRR strategy. I've based much of my calculator on Chapter 5 of Brandon Turner's The Book on Rental Property Investing, factori...
Can someone assist me with understand the section procedures. is there a brief course I can take for the education?
We self-manage about 140 units in southwestern PA, mostly older single-family homes and small multifamily, with a two-person maintenance crew. Cleanout costs went from about $1,200 in September to about $3,400 in just the first 12 days of November. Nearly all of it came from three move-outs: Two ...
I manage single family rentals in Omaha, and many of the owners I work with live out of state. One Nebraska rule surprises owners who are used to a longer deadline at home. Under Nebraska Revised Statute 76-1416, a landlord may not take a security deposit of more than one month's rent. A landlord...
Hi everyone, I’m an international real estate investor exploring opportunities through ********** auctions in Philadelphia. I’m looking to connect with experienced local investors who can share advice about the auction process, neighborhoods, property values and potential deals. I’m also interest...
Hello, I'm new to wholesaling and I have a deal out in Detroit looking to connect with buyers I need one by the end of the month. What is the best method to finding cash buyers?
Hi am a 43yr live in NYC just bought two rental properties in Alabama. I would like to buy more properties there. What areas should I focus on and why.
We own two short-term rentals and I am working on building our own direct-booking website. It started as a way to avoid paying platform fees, but Airbnb is adding new rules on November 20 that limit our ability to have guests sign a separate rental agreement and to collect information like a driv...