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Any advice on adding value to a multi family that's technically move in ready, but being underutilized? Considering house hacking a small multifamily that is currently fully occupied with month to month tenants. Finan...
Hi BP, I'd love to get some input on this deal I'm looking at. Sellers 2015 numbersGross income $176944 (current rent rolls work out to $188,340)Insurance $3733 (seems low)Taxes $13569W/S/G $37386 (rates for sewer...
As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off. For example, a duplex that's on the m...
From the stand point of an Agent/ Broker who has already listed a property for sale. Is it ever good practice to raise listing price because you're comp sold for a higher price?
Hi, So I am currently purchasing my first duplex, hooray! The rental property I am looking at has two units, one is occupied and the 2nd has a tenant, I want to live in one of the two units, however the income from t...
Greetings,With market being so high and reasonable rate currently, if/when market turns, will rate go down since the economy needs a boost, or will it go up and become difficult to get financing?We currently have enou...
I am just wondering if there is an easy way to estimate current value of the house.
I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
Hey - I'm a newbie to everything real estate. I currently work as a songwriter as well as a bookkeeper for a production company. I started my own bookkeeping company in the last 6 months and have an almost-full roster...