I'd like to apologize in advance as this is going to be long winded. But I felt it was necessary to effectively communicate where I was coming from.
Ever since I put in an offer on a piece of investment property (m...
Hey so I just closed on a property in Polk County FL my mortgage is $1535 average rent in the area is $1500–1800 I have a freshly renovated house with 3b 2 ba 966 sqft I listed it on the higher side since it’s remodel...
I have a studio loft in downtown Atlanta that I could likely sell for $135,000. I currently owe about $107,000 on it and have it rented out to an amazing tenant who has never called me with the first concern over her ...
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
Hi Everyone,NYS tenant and landlord law have recently changed. Wondering what landlords outside of New York City are doing to account for the changes. They seem drastic and tenant biased but I’m remaining optimistic a...
I would like to choose best market for MF investment (5-20 units) and I am down to Atlanta, Orlando and Jacksonville. But I am also considering Tampa, Chicago, Indianapolis and Cleveland. These would be my secondary c...
I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
Hey fellow buy and hold investors!I am curious to hear what measurable tangible metrics you use when analyzing specific sub-locations (e.g. specific zips, suburbs, neighborhoods, etc., but NOT the actual properties th...
Hello BP Family,I've been considering this topic over the past few weeks, as my wife and I have begun the journey of real estate investing. I thought I'd share my perspective with attention to the psychology of this p...