Greetings, Have a potential to purchase a 6 unit (2 house, same lot, 4 unit and 2 unit) The details are as follows.Year built: 1900 +/-2 houses: 1- 4unit and 1- 2unit on same lotList Price 224,995 (assuming a 190,000 ...
Hey guys, fairly new to the game and to BP, looking for advice and wanting to learn more on how to be a smart investor.BRRRR- buy, rehab,rent, refinance, repeat....Scenario:BuyHow do I estimate what a property is wort...
Our first rental one year ago was inherited renter so we knew up front the immediate gain. Now a new dilemma, for which I continue trying to educate myself daily here on BP. If we could get a rent of $600 per month ...
Quick question on Net Worth and how it is calculated from a Bank's prospective. Lets say Our LLC purchased a property for 4 Million. We syndicate the deal with 25% down using none of our own money in the deal. Our...
Was wondering how much I should raise rent on a property whose value has DOUBLED since the tenant moved in 7 years ago? In those 7 years, I NEVER raised rent, ONCE. Any help would be appreciated!!
Title 3 of the JOBS Act or "Regulation Crowdfunding" (Reg CF) went into effect 4 years ago on May 16th, 2016, yet is still not being adopted for use in real estate investing. However there are new rules that will go i...
I stumbled upon the BP Podcast episode 357 in which they discussed focusing on increasing net worth instead of cash flow when focusing on single family for buy and hold rentals. How would I determine if a property is ...
I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...
All, what is your opinion on rent increase amounts for great tenants?Thanks!Jared
I have a really good tenant that i inherited, always pays on time, fixes things here and there at the place, is very nice... his lease is up oct 1 and i have someone else willing to pay $900 more... i dont want to ask...