I found a duplex that is a 1/1 on each side. The basements on both sides are unfinished. I can finish both basements and turn both sides into a 2/2, and that would increase the STR cashflow by $700 per side. But i...
i don't see any chatter on here about the benefits about principal paydown.
if someone's had a house for a while & the principal applied is $300, $400, $500 per month that IS increasing your net worth ASSUMING th...
Hello,My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 wh...
Ok here's wat i think.Lets say i have 250k in cash and i am looking to buy a investment property for 250k. since i am buying it with cash i dont have to worry about mortgage.I buy a good property in a good neighborhoo...
I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
I am just getting started and so far my husband has been supportive but generally disinterested in my long-term real estate plans. I generally manage the finances in our family so it's not that unusual for me to be ta...
I am looking to get out of my current SFH and into a duplex to house hack. I know cash flow is very important and getting the best deal is the most important thing.
If I break even of have to pay a little in mortg...
How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP
Hi everyone, I had a friend talk to me the other day. She was saying that her first rental was a house that she and her husband picked up from a neighbor they knew who was moving. But she said it didnt cash flow much...
We have a traditional loan recently refinanced.The mortgage is greater than the market value.What steps can we take to reverse this order?