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Hey folks I’m going to live in this home for a year or so then turn it into a rental. Financing rate is the smartest one to choose if I want to continue to purchase nhomes down the road. Pic 1 is the interest rate pa...
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Titles says it all. I'm ready to buy but according to Financial Times, markets are predicting 1 full percentage drop in rates this year. I was reading a report and an "expert" was predicting 1.5 next year. That's 2.5 ...
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Hi all, new investor and finally closed on our first rental property a few weeks ago after searching for over a year. Got it at 150k + 6k in rehab = ~156k all in. I was conservatively estimating about $1,550/mo for re...
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My wife has this theory that lower rent actually gets you better qualified tenants, on the premise that since they're more desirable but often just as frugal as anyone else they can stand out from the field and get th...
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Closed today on forth duplex. Super excited but the seller kind of frustrated me. The tenants where paying month to month. One side was rented for $650 the other side $700 with a pet. When COVID started the former own...
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I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
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Hi BP folks,Looking for some advice here. I acquired a duplex (one 2Bd/1ba, one 3Bd/1ba) in the Holly Hill / Hilltop area near West Frankin Elementary school in April 2021. It came with good long-term tenants who have...
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Hi everyone! We have a house we going to rent. We could get $1250/month. We have a couple that has rented from a family member of ours for the last 10 years. They’ve never paid late and kept the house immaculate. They...
How much do power lines lower real estate value in the Houston, TX area? Would love any insight. TIA!!