According to the National Association of Realtors, 42% of "mom and pop and small rental properties" have a cap rate below 5%. Do you agree or disagree based on your own investments BP community? I would think it wou...
Our tenant recently moved out. She didn't pay the last month's rent. So after damage repairs, she owes us close to $3000 after deducting from security deposit. What should I do in this case in California?I see in othe...
I was chatting with a property management company and they said that they recommend that if a unit has water and ice maker on the door to switch that refrigerator with one that doesn't. Their point was that most of th...
I want to invest in the U.S and just wanted to know that do you need to get U.S citizenship to rent or flip a property in the U.S? and can I get a mortgage or loan for investing in U.S without being a citizen there?
HI All!
Does anyone have experience with DSCR loans? Pros/ cons etc?
Thank you
Hi again, BP! We are launching our first STR in Florida. I have listened to BP for 3 years so I am armed with the minutia of optimization of a rental business itself! However, to my naive surprise, the absolute very b...
Hello - I bought a 2 flat this past winter on the west side of Chicago. It is a 2 flat, with a basement unit (3rd unit) that is technically illegal. I believe it is illegal because it doesn't have separate utilities f...
I've only been buying and renting SFRs for just under 2 years, but so far the experience has been pretty good. I've been able to acquire several properties with an average unlevered yield of 8%. That's based on t...
What is better for a rental tile, or laminate?
Please share experience, insight and recommendations.
Much appreciated!
Need some advice guys. I’m looking to buy my first multi-family duplex that I found on the MLS. Seller won’t show inside unless an offer is made. Is this typical? I’m a new investor and not comfortable buying “sight u...