Are there any investors in West Warwick, RI that just received their new property evaluation? I bought a duplex in December and just got a notice about the new assessed value. They doubled the assessed value on the ...
In a different post I out lined an argument and counter argument for each scenario... Deflation, Stagflation, Inflation and Hyperinflation. It was aimed at a BP member wanting to hedge their portfolio. Hopefully it ...
March 2022 Housing Market Update for Austin, TX MSA
March 2022 statistics have been released for the Central Texas Housing market. There was an increase from the preceding month and a 22% increase from the prec...
I recently made an offer of $425,000 + 8,000 Towards closing + cost of title with 5% down on a brand-new duplex that will not be completed until October 2024. This is a 3 bed/3.5 bath 2600sf (1300 sf per unit) home. S...
I just came across this video on WSJ.
What stopped me was seeing that a PRE PAYMENT on a mortgage actually reduces the value of a note/mortgage to the investor on the secondary market.
If this is the case, wouldn't ...
For those of us that have been doing this for a long time (25) years its crazy to see how much the rents have gone up in the last 5 years. When I started I had a 2 bedroom for $495 a month it took 20 years to get that...
I have a 4 Unit in a suburb just outside of Albany, NY which has one gas/electric meter. We also pay for water/sewer so we hit the trifecta (maybe that's actually a pick 4)! I am now pricing out a utility split but th...
Good afternoon, fellow BP'ers!My wife and I have lived in the area for a year now and I have interested in purchasing property due to two factors - 1) Dartmouth College next town over and 2) Dartmouth Medical Center j...
Hey guys, I’ve been building a portfolio for a few years of commercial and residential properties, it’s been goin great so far until I feel like I’m running out of cash to buy new ones, currently I’m flipping some pro...
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...