Hello Everyone:At this point, I am a prospective investor who is looking to get into multifamily real estate. In short, I'm in the research phase of my development and in doing so, I've encountered several strategies ...
My understanding is that DSCR appraisals are on the basis of market rent and property value based on comps. Do any DSCR lenders appraise on the basis of ACTUAL rent?I ask since a property we're purchasing is going to ...
Has anyone used Business lines of credit to purchase any of their rentals? If so please share your experiences with doing so, and what would you do differently?
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
So my tenants stopped paying rent in January and I filed for eviction in ft worth in Feb. I won my eviction case March 16th. However, all evictions got halted a few days later so I never got the writ of possession (wh...
Hi Guys, I'm about to go into contract on a property, and want a second pair of eyes on this deal:The property is a duplex in Oakland CA in the San Antonio park Neighborhood in the 94606 zip code. One unit is a 3/1 th...
Hey guys. So I've been house hacking a 100yo quad in Richmond, VA since last February. I have one unit that's given me more trouble than the others. Not sure if its the tenant or just bad luck with the systems in the ...
Is it a good idea to comp a tenant a small rental discount for minor inconveniences, or does it set a bad precedence?I rent out a garden apartment in my house that shares the laundry room with us. We upgraded our wash...
Hi there,
I'm a new investor, have not made a first purchase yet, still exploring and learning.
Thank you to everyone for being so open and sharing - makes it less overwhelming to learn!
I'm wondering if there a...
Hi BP,I am looking to purchase my first house early next year. What are some tips, advice that one could give to a first time home buyer? What should I expect with Taxes in Austin, TX, inspections, commissions, closin...