Hey folks, I have a primary residence which I bought at $320,000. It's now worth about $380,000 and I owe $225,000. What are some ways I could use it to get into my first rental property? It seems to me that there is ...
Good Morning BP! I am listing an apartment for rent and want to include heat which is oil and I am in New England. What is a good programmable thermostat that can't be tampered with? Any advice would be helpful.
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...
Hi seasoned landlords! I have a question for you guys - my tenant told me yesterday that even though the lease doesn't expire until the last day of April, he's signed a new lease somewhere else and is moving out by Ma...
A sign of the times. Zillow is adding climate risk scores powered by First Street for every for-sale listing on its platform.
Another Zillow survey published in September 2023 found that 83% of home shoppers conside...
Experienced developers (or underwriters) of large multi-units or commercial deals: What do you think are the most important factors when analyzing deals that are close to execution (i.e. past entitlement phase)? I'v...
Hello BP! I own a home in deep east Oakland, and for the past three years it has been used as my primary resident. I am moving out, but want to convert this home into a rental property. I have heard numerous horror st...
So we hit a snag on our last round of financing and are looking to buy some time and comfort with a hard money loan. I am making calls and having conversations and these pretty much feel like regular loans but with c...
Hi, all.I recently bought my first property, on the outskirts of Atlanta. The property management company also acted as the selling agent in this transaction.About a month after closing, the PM company advises me that...
I've always heard and believed that you should only buy on actuals. But I've been hearing more and more of the experts buying at a low cap rate(5-5.5 and even lower)Therefore I'm assuming they're buying on what the pr...