Hi BP Family,I need your help. I am ready to invest in real estate in Phoenix area specifically in multi-Family. What neighborhood is good for cash flow?My investment criteria Cap rate min 6%Cash on cash return: min8%...
So I was thinking of requiring renters insurance when our tenants renew next time. Let's say market rent in our area is $875 for a 500 square foot 1/1. If I require renters insurance, should I reduce my rent to $850...
Hello All,Can someone help me understand a particular term, Bad debt. In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms. If this value (Bad Debt) does ch...
My gut feeling tells me interest rates are going to rise here in DFW here shortly. What key indicators do you look for, or what business websites do you monitor to figure out when interest rates may rise?
Here is an article by Don Layton: Senior Industry Fellow at Joint Center for Housing Studies of Harvard University: "The extraordinary and unexpected pandemic increase in house prices: causes and implications" Click h...
I am renting by the room and having a very hard time getting interest to fill 2 empty rooms. I dropped the room price significantly and its lower than what the current tenants are paying. Utilities are included, dogs ...
Covid-19 has changed life as we know it for sure, and that is the reason why so many companies and services have developed different and new ways to provide the best to their clients even when it means walking on a ne...
DPW Requests Hearing to ReviewWater/Sewer Rate Adjustments, New Rate StructureMinimum Billing Out, Monthly Billing In The Baltimore City Department of Public Works (DPW) is proposing a three-year package of single-di...
In July this year, I invested around $160,000 for 3 single family turn key homes in Farrell and New Castle, Pennsylvania with a foreclosure company. To date the properties are still not rent ready It is close to 6 mon...
2020 will forever be marked as a “watershed” moment for many millennials. From the rise in e-commerce to work from home, the pandemic accelerated our lives by decades. Millennials, which constitute the largest segmen...