Jean Carlos Pichardo
First Time Buyer - Duplex House
20 March 2024 | 4 replies
While I have some basic knowledge, any advice or tips for the purchase process would be greatly appreciated.Asking price: $460,000Mortgage Type: FHA / Fixed Rate / 30 Years / 3.5%Unit 1: Primary ($1700)Unit 2: Tenant ($2000)
Rob Bianco
Buy More Rentals Now or Later?
19 March 2024 | 4 replies
I had planned to take out loans in a cashout loan but rates accelerated too fast in 2022 and I never got that chance.But now that everyone is talking rate cuts I’m kinda thinking I take the deal and hope I can refinance these 2 properties at 5% interest (or less) sometime before 2028?
Luke Masaschi
Pricing and adding amenities
20 March 2024 | 7 replies
One possible answer is no extra rate increase but better occupancy numbers.
Rohit G.
Rental Property Fremont CA(Tesla Area) Negative Cash Flow but Potential Appreciation?
20 March 2024 | 6 replies
You've experienced the appreciation so far at a reasonable rate, so what has happened that would make you think that would dissipate?
Stephen Dispensa
Today's NAR Settlement is GREAT news for SOME Agents
20 March 2024 | 19 replies
This agreement lists pretty much everything to do with selling the home: how long it will be on the market, what price it will be offered up for sale at, how it will be advertised, who will have access to the home, and the commission rate and split.
Joseph O'Sullivan
Teaching your kids about real estate investing
18 March 2024 | 18 replies
I would start to see if your local high school, middle school etc have any teachers or people teaching business.
Lauren Ruppert
Contractor using undocumented workers...damages property...
20 March 2024 | 4 replies
So, I would explain this to them that if you sue their insurance will kick in and pay and their rates will jump.
Maria Moya
People keep telling me not get into real estate
19 March 2024 | 11 replies
My parents had rentals and they looked at them differently than I did (interest rates were also different).You ultimately need to be comfortable doing what you are doing and educated in it.
Carlos Bernardez
Investing in Brazil
19 March 2024 | 18 replies
And even if you could, the interest rate would be way higher than it is in the US.I've been a big supporter of international investing on BP and elsewhere but long term rentals outside North America generally make no sense, financially or otherwise.
Domenic Passarella
Need Advice on Should I Sell or Should I Rent Out
20 March 2024 | 2 replies
., University Heights, Ohio (Cleveland Metro)Neighborhood Rating: A-Purchase Price: $153KRepairs: $65K (completion expected by May 1)Expected Total Investment: Approx. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central AC systemsInitially, I projected over an 8% cash-on-cash return.