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After receiving countless inquires whether Section 8 vouchers are accepted, I decided to give it a go on a 1 bedroom apartment. This is in Penn Hills, Allegheny County, a suburb of Pittsburgh.
I screened tenant like...
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Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
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I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
I am interested in hearing opinions on investing in a college town these days.
For those of you that have rentals in college towns:
1. What sort of impacts has COVID made to your business (good or bad)
2. What pit...
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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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Private equity real estate funds are becoming more and more popular in the last few years, but they're not exactly new. Real estate syndications have existed for decades, with some of the earliest examples dating back...
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I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
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Flip Summary - Phoenixville, PASnapshotDeal SummaryThis property was sourced directly from the MLS. With often competitive MLS deals, my mindset is with enough persistence, there is plenty of opportunity for all. It...
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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Is a Lease Term Longer than One Year Really Beneficial?