Hi BP Community, I'm looking to add both space and value without developing into the yard.Can anyone provide a referral or recommend a professional remodeling contractor whom specializes in the construction and engine...
To clarify, I'd consider myself to be experienced (I've bought and sold 4 apartment complexes and currently own 7 complexes in 5 different states - FL, AL, GA, NC, and IL), so I've kind of outgrown my local REIA's. ...
I want to raise the rent on a tenant that I've had for two years. I'm increasing the rent $50 per month beginning January 1st. What is the best way to do this? My lease doesn't talk about rent increases at all. The te...
Hi,I am considering investing in my first rental buy-and-hold property here in Houston. I live in the Houston suburbs so naturally started looking here first. With the market recovery, it seems most of the properties ...
I'm looking for advice or at least encouragement. Here is the deal.Back in March 2008, I was very eager to purchase a home. I went ahead with a deal to buy a house at a premium price with the intention that later on d...
This question is for current or previous house hackers or others familiar with the numbers surrounding house hacking in HCOL areas:As part of one of Brandon's webinars, I wrote down his rules of thumb for analyzing re...
Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...
Hi Folks~ We are selling our business and looking for an income producing property for purchase- I have come across strip malls and I have no experience with this property type. How risky is it v. apartments? or pro/c...
Thx ok, here's a question for the smart people:When attempting to estimate a property's ARV "potential", how much weight do or would you put on sales that occurred right before the bubble burst, I.e, 2008-09, as re...
I see a lot of people posting about getting 30 year mortgages on rental properties. All of the banks I talk to consider these 'commercial' loans since it isn't YOUR home. They'll only do 20 year loans. Am I missing so...