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In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual...
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Hello BP Family!! I'm undecided on holding our rental property or selling it. We are moving out of state. If we hold onto it, we can cashflow about $450 a month & with the neighborhood doing a lot of changes &...
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I wish this forum has a search function as I'm pretty sure this topic has been discussed in the past and there are probably plenty of opinions on the matter. Anyways, here we go:
I have two tenants that are up for re...
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Hi On one of my properties, I just requested rent to increase from$2300 to $2450.Now,the teanent wants to move out due to her budget. It is 3 bed with 1850 sqf.It is brand new home. Also she is a great teanent and I n...
We have a tenant who's been paying under market rent. 4-5 years ago when we first rented out the unit, the neighborhood was still pretty rough and we were happy that we got someone who was mature, responsible and coul...
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How do you correctly calculate the income growth of a market over 10 years? a) add the percentage change of the personal income for last 10 years divided by 10b) (2016 personal income- 2006 personal income)/ 2006 per...
Which home renovations will boost your property’s value and put you in a better position to sell? Or, if you’re not selling, how do you rake in even more equity during a hot housing market? If you have some time, a bi...
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I Know the Cost of Money is becoming increasingly more expensive. But any Recommendations on Hard money Lenders offering 10% Down or 15% on fix and flip Products. Much appreciated
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Throwing this out there because I like hearing opinions from the BP community. Has the current environment of inflation, cost of labor going up, supply issues and raising interest rates or anything else going on now, ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $317,000
Cash invested: $64,000
Through my LLC, we recently bought a new construction duplex in New Braunfel...