Yesterday, I was talking to friend who has a condo near the convention center... she rents out her place around $180-$200 per night. It's a 1 BD condo unit ~600 sq ft. Her bookings are full about 2 months out. Now, to...
Would any of you rent to a young person who was convicted of vehicular homicide 5 years ago from wrecking while driving drunk? They openly admit it and have not been in trouble since. What would you do?
Hi all - I typically buy and renovate in Cambridge and Somerville where rents are sky high but so are purchase prices. As such, I try to create value by renovating the kitchens and baths as well as re working the inte...
Hey everyone my name is Justin. I'm from Quincy, MA. First, I just want to say that I have enjoyed reading the site over the past week, it's been a great learning experience. My background in real estate is fairly li...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
I’m planning on investing long distance (~3 hours away). When I visit the market for a long weekend what’s the best way to go about discovering the market? Any suggestions on a strategy/plan besides just driving aroun...
My family and I are planning on moving to Florida within the next 18 months. We currently own our home, and upon the sale, will have about $200K in cash. We are looking at a townhome to purchase, but my wife is leanin...
In my area there are a ton of house for sale or for rent. What should i be doing about getting a tenant into my rental? Lower the rent, waive the deposit/ last month. Some income is better than no income... No??? Need...
I am looking to purchase my first house, and will be renting out the extra rooms. Is there anyone that has owned and rented college homes to students, that could pass along some advice for this market? Or perhaps any ...
I'm excited to be a part of the BP crew! Thanks to Josh and the BP membership for making this such a great resource for those who want to educate themselves about REI.Since I was a kid, I have always been fascinated b...