What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
Just curious as to how long your average tenant stays. I know there are extremes, but on average are you seeing one year and they are gone or are you averaging something like 5 years. I'm in the $1250 range in a sub...
I have built a SFR/duplex/fourplex portfolio using mostly BRRR strategy over the last 5-6 years of about 85 units. I have most financed with local banks/CUs with good commercial terms - 10 year terms (on average), 25...
I'm a Realtor just south of Boston and have a client who has identified a 3 pled that looks attractive. He will not owner occupy so lenders are requiring 20% down. He has 5% and is looking for alternative financing....
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
I have a Tenant that I inherited. Their lease is up at the end of July. I mentioned to the Tenant about signing a new 1 year lease, but they told me they are looking at other apartments and will be moving by Fall. The...
From reading other posts, it seems multi year leases aren't really popular, and I understand why, but I am wondering if anyone has ever attempted to tie the CPI to their rental rates.
I have a renter, who is ...
Hi All - I've agreed to terms on a property for purchase in the Dallas Fort Worth market and looking for financing of roughly 65% LTV, 10-year term, 20-year amortization. The purchase price is $1,540,000 and an 8% cap...
I was thinking about maybe giving my new tenants a shorter lease in case things wrong. Maybe something like a 3-6 month lease and then if they're good tenants I'll offer them a year lease. Is that something I should d...
I’m exploring different ways my project could be funded. Below is a draft of some rough ideas. Thank you for your input and comments!I’m exploring different ways my project could be funded. Below is a draft of some...