Peter J.
HOA Dispute - Construction Impacting Other Units
Hi fellow BP members,I'd appreciate opinions and suggestions from those members who have HOA experience similar to the following:Background: My wife and I own the bottom unit in a two-family home. Each unit has 50/5...
Patrick Fermo
203K Loan Impact on COC Return
Hey Everyone,I'm trying to run the numbers on a potential rental property deal I found using the BP rental property calculator. The COC return is low, at 2.23%- however this assumes that I'd be paying 48,000 out of po...
Ray Hayward
Tax Impact when rehabbing historic building
Hello, a partner and I are looking to rehab an old mill and turn the building into an apartment building. How can we determine property tax for our balance sheet once rehab is done and renting 25 units? Will the pr...
Marcus Auerbach
Will student loan debt impact housing?
Just heard some concerns from Gary Keller about $3T student loan debt outpacing consumer debt at a two to one ratio. Looking at the chart this seems far from healthy. And how can it impact the housing market? Gary say...
Mo Muigai
COVID-19 impacts rates significantly daily
As the corona virus 🦠 continues to disrupt industries, it has affected mortgage rates for the “bad”. last month I got a property at 3.5% on 30y. Currently at 4.0 investment property @30y. I’m closing on a triplex and ...
Stephen Glover
Virus' Impact- Notes from a PM
There’s a lot of uncertainty right now as to how impactful this virus will be on our health and local economy. Our team studies property management on a local and national level for trends, variances, opportunities, ...
Jon Allen Jr
Covid-19 and impact on tenants
As landlords, what can we do to best prepare ourselves to manage tenants who are going to be hit hardest by the economic impact of the Coronavirus? Given the trend of the past few days (written on 03/16/20) and the i...
Mike S.
Educating Tenants on COVID-19 Impact
Hi BP Community! Hope everyone is healthy. Is anyone sending any emails to tenants educating them of the $1200 assistance payments they can qualify for and extended unemployment benefits? It would be great for all if ...
Mike Hartzog
Borrower Accommodations for COVID-19 Impacts
We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs. They are asking about skipping payments until they c...
William Thompson
Short term rentals impacted by Virus
Curious to hear everyone's thoughts beach/mountain rentals and other short term rentals. I was actively in the market for a beach house but I believe I'm going to hold off. I think it'll be smart to hold off and see...