Looking for a little insight! My wife and I own a duplex and are thinking out purchasing our next investment property in the next couple of years. Our plan has been to save up the capital for the down payment, thoug...
When is it cool to raise the Rent on a 4 plex after you done brought it
Hey BP,For those of you who are doing larger deals (50 units plus), how much value are you looking to add?How much are you looking to raise rents to make it worth it? (100? 200)How much are you aiming to increase the ...
Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...
I don't quite understand this so called "law of diminishing returns". It shows up in the BP calculator each time I analyze a property. The ROI percentage starts to go down at about the 10 year mark. Plus I keep hearin...
Will installing solar panels increase the resale value of my home? I'm on the fence moving forward with that option.
Howdy folks, me again.. What I like: -Long term tenants -Up and coming area, close to Metrohealth-Low property taxes (probably too low that I should be somewhat concerned...)-Cash flow and CoC meet my criteria. Descri...
Hello everyone,I'm a longtime lurker of BP and have never needed to post till now.I think I might have screwed up my wife's and I's taxes for one of our rental properties.We bought it in Phoenix, Arizona in 2014 and e...
In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
My goal is to buy a house hack when I move next year back to my hometown after finishing dental school. I want to start my real estate investing journey by house hacking. I did two calculations for a 4-plex and a dupl...