Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
My wife and I got married and move to the Austin suburbs back in 2017. Right away she started pressuring me to buy my first house, so we drove out to Leander and picked up a new build for $230,000. It was the FIRST ho...
Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Hi all,When purchasing a commercial multifamily, should one use cap rate to determine the “value of the purchase”, the potential value of the property, or both? For example; if I have a property selling at a low 6% ca...
Good evening all,Wondering if anyone has been through a roommate or tenant just disappearing. This gentleman in his 40s, I saw him about 7-10 days ago, then when it came to pay his rent, it never came. The rule in Haw...
I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
An investor friend is selling his business and will have around $4 million to acquire properties, mostly limited to Opportunity Zones. Obviously a tax deferral + investment play. It will all be invested in STR with th...
Welcome fellow BP Compatriots! I thought I would share my brief, hopefully insightful, dive into real estate and financial markets.
Today I'm talkin’ the topsy-turvy mortgage market, consumer sentiment, Mayo lattes?,...
Hello all,I am researching multifamily investing and I need to find out what is a good area in Twin Cities, Minnesota metro to invest. Any advise is appreciated.
Privlo is a new lending platform that connects homeowners who can’t qualify at the bank, with private money lenders. But once the website actually launches, will Privlo be in compliance with new regulations under t...