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.
Juan David Maldonado
No Woman, No Cry - Current Interest Rates
17 March 2024 | 15 replies
The current interest rates 6.9%-7% kill my numbers for an investment property because the mortgage payment already comes out to $1,300 a month with the big 4 included.
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?
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.
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.
Trevor Sperry
SFR Buy & Hold
19 March 2024 | 2 replies
We refinanced to a lower rate, then immediately moved out and acquired another house.
LaShanti Penn
Investing in a duplex
20 March 2024 | 12 replies
Here are some considerations and steps you can take to evaluate whether the brand new duplexes in Hickory could be a good investment:To invest in duplexes in Hickory, conduct thorough market research to understand local real estate dynamics, rental demand, vacancy rates, and projected growth.