First time MFR investor. What sort of cap rates can one expect for multi family - say 8-12 unit - apartment blocks in East Austin? Specifically I’m looking at MLK and Mueller. I am sure rental yields are low given the...
HELLOIAM ABOUT TO PURCHASE MY FIRST RENTAL PROPERTY.IT IS A MULTIFAMILY UNIT IN A NICE TOWN.I HAVE USED THE BP RENTAL CALCULATOR TO SEE WHAT MY PROFITS WILL BE,BUT I JUST WANTED TO ASK BESIDES MORTGAG...
Hi,
I want to pay off my current mortgage balance and open a HELOC to do so. Is this possible?
Ex. Open Heloc to pay off the first mortgage and utilize the rest as a resource to fund other deals.
Guys, Looking at a property down here in Tampa. Realtor pulled the info and said that the water is not hooked up to the utility company but that it pulls from the well. I've never heard of that but am fairly new. ...
Hello everyone! I am getting into wholesaling at the moment, but my goal is to get into rental properties for the long term/passive cash flow! My credit isn't so great, and I don't have a lot of money to just outright...
My wife and I are going to take our very first tour of a possible rental property today! Any advice or tips for things to look for or ask about?
Tenant moved in in August'21 and ended their service with PSEG in December. By default, PSEG has been charging me, the owner who is an owner occupant in this multi-family. I just noticed I the drop in utilities this w...
A week after a squatting tenant was removed, our place was broken in to and they stole the water heater, furnace and coil, and caused a lot of damage to the house. Looking to be very expensive to replace these items a...
Hello, BP Fam. Here's the scenario:Seeking advice: things to watch out for when buying Land and building a SFR in WA. What are some of the most common way you've seen people fail in new construction?Location: Bellevue...
Just learned something very interesting this morning from a BP blog talking about the different types of commercial leases.
👉 One thing to keep in mind with the triple net lease (Aside from utilities and rent, when ...