Hi there, I have recently discovered that the cap rates in my area have gone from 8.5% down to about 5.5% in the past few years! That makes my (debt-free) property worth a lot more.BUT if cap rates are at 5.5%, that m...

I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...

I have a case with a tenant that is trying to negotiate a lower rent due to delayed repairs/inconvenience of doing repairs. I do not agree with their counter-proposed rent.  The lease had already expired last month, ...

As the rental market stays hot the rates are increasing quite a bit year after year.   I don't see how that continue.  When that slows or retreats does anyone have an experience, anecdotal or otherwise, as to how that...

Background:  My sister lives in MA, has owned a 2 family house for many years. Our mother lived in the apartment for 17, when she moved out sister used a broker to find tenants (when they had to leave - student visa e...

Hello BP, I am having trouble getting a multifamily property rented. Both vacant units have been renovated over the past year and are roughly $100 under the going rate in the area. The location is good. I have multipl...

How long do you wait before considering to lower rental on a listing?

Question.  I'm thinking higher daily rent with a lower cleaning fee is best?  Say $400/night as an example with $150 cleaning fee which would be the going rate in my area so cleaning fee would essentially be a pass th...

Stay away I imagine, but seriously I'm analyzing a deal and want to make sure I understand what is happening.

It's a 2-family to buy and hold for $400,000, will put down 25%, so mortgage at $300,000.
Income is $45,...