My apologies for the simplicity of the question. Why exactly, does a rising interest rate diminish the appeal of owning real estate for the purpose of renting or flipping (for investors)? One can assume this is due to...
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...
Hi All, hope someone has advice.We have a 3 unit, concrete block property in FL. Program we rent through (similar to sec 8) said all units have to have heaters.To give you an idea of how important heaters are, I ran m...
I grew up in Washington State and would love to build a dream cabin in the next couple years out in the mountains. The problem is that what I'm looking for would require a pretty big mortgage. Two of my absolute best ...
I've had some really interesting conversations lately about the impact of technology on RE. Aside from some benefits, I see a lot of room for disruption. For example: how are 3D printed houses going to impact the valu...
Hey BP investors!Have any of you invested in the smaller towns of NE Colorado? Fort Morgan, Brush, Sterling, etc. Properties are lower cost with lower gross income but cashflow is still possible. The great concern is ...
How are property owners in Mass dealing with nonpaying tenants?I have a “tenant” who is in my unit even though the lease expired last month. I gave close to a 60 day notice of non-renewal for the lease. They claim the...
I created a couple of charts/matrices to illustrate the affect that rapid rise in interest rates had on monthly payments, which in turn affects affordability. I'm guessing many BP visitors don't raalize the real diffe...
From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...