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16 December 2024 | 4 replies
The tenant used an online maintenance request system to request a handful of maintenance issues for the first 6 to 8 months.
16 December 2024 | 8 replies
@Derek BuehnerThe timing of your improvements plays a big role in determining their tax deductibility.
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17 December 2024 | 13 replies
If I remember right they ended up having a hearing at the board of supervisors and I watched it online.
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10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊
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13 December 2024 | 12 replies
I'm perusing through some online listings for multifamily in my area.
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14 December 2024 | 7 replies
As Jay and Jamie have stated above, a minimum of 6 different factors play into the pricing, but it is not an all or none issue.
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19 December 2024 | 24 replies
I have found no record of him online aside from self-published articles made to make them seem more reputable than they are.
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13 December 2024 | 6 replies
Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.
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14 December 2024 | 3 replies
To answer your question yes its enough but in many cases it might be risky.2. location, room to raise rents, occupancy of property, local laws, type of investment are just a few topics that play a huge part.
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13 December 2024 | 32 replies
The market has changed a lot over the last 10 years, it went from a cash flow play to an equity play.