Hello BP,My wife and I currently have 4 doors/3 properties with a PM who we really like. We are currently paying 10%/mo. We are under contract on a 4 unit property. I am wondering when is it appropriate to ask for a r...
This is a very long article pinning landlords and tenants against each other. Anyone who thinks about increasing rents after purchasing properties with under market rents should give it a second thought. How long befo...
Many investors look for cash on cash return as a king metrics in evaluating deals, but there is another metric - return on equity - that can help investors make informed decisions on their portfolio.Return on equi...
Hello. I’ve been in conversation with an owner of a self storage unit who is looking to sell in the near future. We’ve discussed different creative financing options. The option that is most appealing to me and my cu...
Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they...
I was thinking about how much rents have increased in my area in the last 10 years and decided to do a little research. I used the St. Louis Federal Reserve website to look up info on average rents and to my surprise,...
Can we just talk about the recent 75% decrease in Real Estate Value in Flint, MI? I just saw a decent 3bed 1bath over 1200sq ft for $12,500. What is your opinion on this? Is this a time to buy & hold there? Does a...
So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
Over-supply and lack of demand are the obvious causes of a decrease in multifamily occupancy. What are some of the specific economic factors that can cause it?
Good morning everyone! I am in the beginning stages of real estate investing. I have continued to further my education on different aspects of real estate over the past few months and plan on continuing to do so. I ha...