Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...
Hi BP Columbus, OH community. I'm in the process of buying my first duplex in the German Village/Merion Village area (2 blocks south of Schiller) and am looking for any trade secrets people are willing to share, insig...
Property in Georgia. Tenant was late in May (paid May 19). Tenant did not pay in June. Demand Letter (Pay or Quit) sent 6/13 asking full payment using certified funds. In Pay or Quit period, Tenant paid only $400 ...
BP,I have a reletively small portfolio of 72 units. I am 34 years old and I'm extremely motivated to scale my RE business and to scale it quickly. I started my multifamily rental property business at the age of 25 so ...
Hi, We are looking to buy a home in San Diego where we currently live. It is a seller's market (like most parts of the country) and the agents we are vetting have all emphasized how important it is that the agent and...
Considering purchasing investment properties in Southside, Pittsburgh, PA. Anybody have views on strength of rental market there? Rents look compelling relative to price, but it looks like it properties may be diffi...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Hello, everyone.I would like to know the best ways to connect with Vacation Rental Hosts and what they are looking for when they need to hire a professional cleaner for their properties.
Hey y'all, I purchased this gem recently and decided to post it here as a diary, both to share my experience with the community and to more selfishly use it as a learning tool to help improve my business. I'm currentl...