I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hi everyone,I have a property in NC that i closed on June 15th. https://www.zillow.com/homes/105D-Brookshire-lane-...I have a property manager taking care of trying to get a renter. the problem is she is constantly ge...
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Greetings BP,So I’m 19 years old, from the Chicagoland area and I’ve decided to drop out of community college couple of weeks ago. I realized that a traditional education wasn’t for me and it would hold me back from a...
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
I live in San Diego, CA and have been looking for options locally but the numbers aren't adding up to my planned budget. I have been looking out of state at cheaper multifamily homes and those seem to bring the cash f...
I'm young and trying to learn as much about real estate property rental investing as possible. Like a lot of first time investors, I'm looking to break in through multi-family properties. I reached out to my grandpa (...
I recently got a letter in the mail from the Florida Department of Business & Professional Regulation.
It stated that I has committed a 3rd degree felony because properties i had listed on sites like Hotpads &am...
I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...
I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...