I'm currently getting 4.75% interest rate with 20% down on a rental property. For conventional mortgages, is it recommended to shop around with different lenders to try and get a better interest rate or do they all pr...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Endicott.
Purchase price: $175,000
Cash invested: $50,312
6 Apartments
3 Store fronts
Fully Rented and Property Managed
Fir...
You don’t have to read all below to weigh in as it is kind of a ramble, my core question is: what to use for decks in rentals comparing wood (redwood for example) and Trex or similar plastic decking. Trex is a recycl...
Has anyone participated in Hunter Thompson's Cash Flow Connections Mentorship Program? Hunter has a podcast that contains a lot of high level information on multifamily and commercial investing. Up to this point, I ha...
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
okay, this question isn't about investing. It's about buying a house for my family. It's my first purchase-ever. She said this to me regarding a house that is seeking for 140k but I'd zestimated at 111k."I also think...
A cost segregation study is one of the most beneficial tax benefits for commercial real estate properties. One key piece of a cost segregation study is identifying the land value of your property as it helps you be co...
TLDR: Got a good deal on a property. It is super clean and actually very well kept. I don’t know if I should list it as-is, do some minor reno or go all out. I do not have the ability to calculate which would give th...
The current tax assessment value of my property is $119,700 and I pay $4,188.30 annually in taxes. (2023 tax year)My house was recently revalued by an appraisal company with a 2024 assessment of $254,000. Does this ef...
Hi BP Community! I am new to REI and RE in general. In fact I'm pretty new to BP as well and this is my first "official" post. Anyway, I have a question on appraisals. I have a friend who just bought a home and so...