There's a property I've had my eye on in a working class neighborhood (residents upkeep yards, partake in home improvements, plenty of small children playing outside). Advertised as triplex but county property sear...
Does anyone know which site/resource offers the best prime interest rate projections? I am looking at financing proposal with a 5-year fixed rate that will change according to the prevailing prime rate at the end of ...
Hey BP,Just wondering what everyone's thoughts were about the rising interest rates. Do you think we will ever see 8% interest rates again? If so, how do you possibly make money in REI if you are paying out the nose o...
What kind of conventional mortgage rates are you guys getting right now? I'm working on getting my first investment property and have been pre-approved with Quicken (I have my primary residence mortgage with them) an...
Good day! I would like to ask how much percentage should we save for vacancy rate incase if there is vacant on a single family unit. thank you and have a good day to all!
Seeing a big drop in rates (1% over the last few weeks). In your opinion could this steep drop lead to an increase in new purchases leading to higher inflation, in turn raising rates? In short, if you had to guess wha...
I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
Hey BPers,I'm offering a bond for deed for a buyer of my condo with bad credit from a bankruptcy. He's putting down 25%, so I'm thinking about charging somewhere between 7-8%, 30 year Am., with 3-5 year balloon. Does ...
A potential tenant texted me this morning asking if I would accept $500 flat rate a month for utilities if I kept them all in my name. This is much higher then what they would be. Should I do this or will it turn out ...
Hey Friends!I've got a 4-plex in Denver. Cap rate is 11%. Reversionary Cap rate is 14%. Why don't I raise rents? Cause I have good tenants and they don't bother me. I know a lot of people won't understand this, but it...