We know the multifamily market is on fire, largely due to low interest rates, plentiful debt and equity, and demographics. The largest group of millennials are currently 24 and 25 years old and in their prime renting ...
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Navy veteran trying to one day quit my job. I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years. I used my VA loan about 7 years back to buy a sin...
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How do you review your lease with the tenant?
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Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
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I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
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Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
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Hi everyone,
I'm from the Los Angeles area where I own two homes. One is my principal residence, the other is a rental which we're thinking of selling later this summer. Although it's a nice house (valued at ...
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I am trying to way the pro's and con's of renting vs. owning. I rent currently and do not think it as bad as some people think. I'm looking for feedback and factors that I may be overlooking. On the investing side ...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
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A lot of us short-sale flippers have the same goal: to find as many listings as possible. But we all run into people who aren't willing to short-sale their property, and they would like to attempt a loan mod.
I haven...