Phillip Austin
Nightmare Tenant - This is why you need a property manager!
2 February 2025 | 9 replies
We hope that you can remedy the situation so that we can move into a habitable home.Suggestions that we have to fix the issues:Hire a company to rip up the carpets, treat the subfloors, and replace the carpets, at least on the main level and on the stairs.Provide an air purifier as a start to remedying the smell.Replace the garbage disposal.Hire a plumber to fix the draining issue in the bathroom sink of the smaller bedroom.Fix the tiles in the upstairs bathroom so they no longer present a safety hazard.Replace or fix the screen doors.Fix the gap between the windows and the walls in the living room.Hire a professional company to treat the entire home for pests.
Kevin Chandler
Hartford, New Britain or New Haven?
2 February 2025 | 22 replies
New Britain is where you are going to get the best ROI like you mentioned and this is because as a whole there are more areas within the city where qualified tenants are looking to live and the purchase prices are lower while still maintaining competitive rents.
Charles DeRiso
Anyone hear anything about iintoo?
22 January 2025 | 7 replies
Hey BP community,I was doing research about getting involved in real estate syndication as a passive investor and I came across a website called iintoo (link below). https://epiic.iintoo.com/?
Donald Hatter
Larger Single Family Home in growing master planned community
14 January 2025 | 3 replies
As a realtor I am sometimes aware of deals before they are put on (or back on) the market How did you finance this deal?
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
At this stage in the game I'd say as a general rule skip the mentorships and gurus.
Akku Kumar
Preparing a Marketing/Pricing Plan to Rent a House Soon After Closing
3 February 2025 | 3 replies
If places like yours are sitting at $2200 with no traction, you’re taking on unnecessary risk, especially as a first deal.
Zach Polen
How much demand is there for mid-term rentals in Denver?
3 February 2025 | 5 replies
Furnished Finder attracts travelers who are single or traveling as a couple.
Marc Zak
Cost burden of appreciation
3 February 2025 | 3 replies
As a percentage closing cost as percentage goes down as value increases but we will 15X to account for closing costsNo cash flow per OP.2% market appreciation equated to 30% + 15% = 45% 3% market appreciation equates to 45% + 15% = 60%4% market appreciation equates to 60% + 15% = 75%Recognize in virtually all markets the cash flow increases with hold length especially if a fixed rate loan.
David Rutledge
SBA loan for small hotel
1 February 2025 | 13 replies
Pretty much think of a commercial loan process as a residential loan process backwards.Lenders do go off the income of the property, but they also do check out the purchaser...3 years tax returns and a personal financial statement.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 13 replies
For the $525K property, with the low mortgage rate(you will probably never get a such low rate), it might make sense to hold onto it for now, especially if you can still sell it as a primary residence within the next three years and avoid capital gains taxes.