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There has been a lot of discussion about interest rates recently and a general lack of knowledge about what is driving mortgage rates to go up so I wanted to make a post outlining the reasons why mortgage rates have c...
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For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...
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I am working with an investor who is purchasing a 14plex that has 4 units under housing/ section 8. After completing purchase my client will increase rent on all 14 units. Is he legally able to do that on the housing/...
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It could be i understand the plight people go through or i am just a compassionate person, i just got my first property (a 2 Unit MFH) and i don't think its appropriate to increase the rent on a yearly basis even if a...
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Hello,I’m a relatively new investor looking to purchase my first BRRRR out of state multi family— duplex, triplex, or quadplex.I’m looking to purchase in the Cincinnati area, in a class B or C area, light distress (co...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $4,900,000
Cash invested: $2,100,000
We purchase a 104 unit apartment complex with other investors by ...
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People say Cap Rates are the function of investor's appetite. If they are willing to pay less for NOI, Cap will go up. What about the tenants on the other hand? If they decide that 1000$ for studio is too expensive, a...
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I have heard several people ask if it is good to get a personal or business loan to invest in somebody’s syndication deal. Even if you are investing with a trustworthy syndicator, I will explain why taking a loan to i...
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The conservative majority government of NB just instituted rent control in their budget. 3.8% retroactive to January 1, 2022.... So any landlords that have already served notice of increase (I had respectable increas...
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Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?