BP,I have a tenant that moved into a property Jan 2021. I did not raise the rent at the one year mark. The rent is $900.00 a month for a 3bed house. Rents have gone up drastically and after doing a market analysis the...
Hi there,is that true that if we buy a property undervalue which worth more then it is easier to refinance for example if i buy 5 units apartment for 365000 actually it worth 562000so it would be easier to refinance o...
Greetings! I'm a beginner investor and am confused about how mortgages correlate to net worth. If I buy an asset for $200,000 with 20% down, I'm financing $160,000 (aka, the mortgage). My asset is obviously 200k, but...
Hello everyone,I'm reviewing my insurance policies from 2020 for tax recording. My replacement costs, labeled at category A are equivalent to ~$90 / sq ft. With the recent material prices, I've heard of new construc...
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
Hi There, I'm planning on offering on a small apartment building in rural Ontario. The rents are very low and I want to pay people to leave. Has anyone had experience with this in Ontario? What is a reasonable amount ...
New to all of this. We have one SFH rental in Los Angeles renting for more than $12k a month. We may have another in Florida at about $8k a month. These are nice SFH. My question is, what things are worth updating. Th...
I just closed on my first small apartment building (4 units). We have some commercial and international real estate we rent out, so now new to the rental industry - just apartments. Seller had the apartments significa...
I'm originally from Chicago, but moved out to the west after college and bought my first MF duplex in Sacramento. Sacramento investing has a lot of bonuses -taxes are pretty low(~1%), rents are high, appreciation is h...
Hey everyone!
What is the general consensus on adding solar panels? While the immediate benefit is obvious (saving on power bills) has anyone done this and seen a marketable increase in the value of a property?
The...