David Jayne
CREATIVE SOLUTION NEEDED!
BP Experts,
I have a tenant in a property nearing the one-year mark of a two-year lease. She just contacted me and told me she and her husband are getting a divorce, and she will no longer be able to afford ...
Ellie Perlman
Should You Invest in a “Frozen” COVID Real Estate Market?
The COVID-19 pandemic has hit every part of the country, every part of the economy and every facet of the real estate market, including investing in multifamily properties. In the United States alone, tens of thousand...
James Stokes
Newbie turning to my NEW-ME, with 5 kids 5 & under & 3 jobs
I just rented out my 2nd property in Pleasantville, New Jersey on September 1st. It is a 1,368 sq. ft. 2007 2 story colonial foreclosure. Check out my 1st post about the 5 kids & 3 jobs. I am closer to firing one ...
Mike Day
How did you get financing after your 4th property?
Hi all. So I currently am holding a single rental property and am planning on financing 2-3 more in the near future. This means I will hit the limit of 4, after which most banks will not issue more loans (even though ...
Karen Margrave
IMPACT fees, and other building fees - What do you pay?
I'm curious in different parts of the country what builders and remodelers are paying in fees. I have a property in CA. It consists of a 4600 sq. ft. house and shop/game room building that I am converting to an ADU. H...
Charlie MacPherson
New Air B&B / STR regulations proposed in Boston.
Mayor Marty Walsh has just filed a regulation for Boston that allows OWNER OCCUPIED short term rentals to continue - with annual fees, of course.However, for non owner occupied / investor-owned STRs, the proposed regu...
Michael Smith
Chicago zoning MFH purchase
I'm looking a t a place that is listed as 7 units in chicago in RT-4 zone
After quick lookup i got contradictory pieces of information
1 up to 3 apartments
2 low density apartments with no number ...
Leigh Ann Smith
How do you project Texas property tax increases?
I'm looking at a property that would cost about $75K and needs about $30K of repairs for an ARV of $125K. The tax rate is about 2.9%. Most recent tax appraisal is $92K. Year 1, I should be able to appeal based on t...
Tim Kaminski
Struggle Getting 1st property. Advice?
I am a new investor, trying to acquire my first multifamily property to house hack. My plan is to use FHA financing to do this but I'm having problems finding property. I live and work in Tampa, Fl and most Sellers ...
Andreas W.
Basic question to conventional financing
For calculating cash returns, I am wondering if the lender finances let's say 80% of the purchase price or 80% of the (purchase price minus the earnest money). Or will the earnest money get used to pay my closing c...