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I am a newly licensed general contractor in Phoenix. My construction focus has been on luxury homes and I am switching directions to build single-family rental neighborhoods. I have identified several opportunities a...
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I have a condo that is up for lease renewal. I am trying to figure out if i should raise the rent or not. i believe rent for my market is very competitive already but the changing variable is My HOA dues just went up ...
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Anyone who invests in Kansas City has to know that Jackson County has outrageously jacked property taxes through the roof. I recently got an op-ed published in the KC Star refuting all of the pathetic attempts to rati...
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Has anyone seen the crazy rates today 2/14/22 for investment properties??? I just spoke with my broker and she said it is at 4.875 (no points). If you have insights into this or have any ideas if it will go down in Fe...
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Background: I house hacked a property located in Silver Spring, MD. I purchased the property three years ago (04/2014) for $289,000 with FHA loan and PMI in it. In 02/2016 I refinanced the loan to 15 years at 3.12500%...
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Is it common or recommended to make improvements on a rental property while it’s rented?I was thinking about adding a garage, while I know it has an ROI from the increased value of the property - is it wise to do that...
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Good Morning BP Family,I have a good tenant living in one of my units and during a recent periodic inspection i noticed that his girlfriend has moved in with him. I sent the message to him asking this person to fill o...
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Hey BP community,
I raised rents by 6% on February 1st taking effect starting in May. Now Corona has hit and one tenant says she can't pay and the other just paid the the old amount. Question is should I still enfo...
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Hello Everyone,
As you all may know, the 30 year fixed has pretty much sky rocketed to 4.75% or so.
Does anyone know if this will cause prices to drop, continue to increase, but at a slower pace, or flat line?
I kn...
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Can someone help me calculate the ROI per year that my wealth will increase?If i buy an appartment for 45.000$ with a downpayment of 15.000$. The rent is 250$ a month and the property value increases yearly by 5%. How...