Casey S.
Interest rate increase influence on house prices/ rental rates?
I havent been around long enough to see high interest rates. How much does it usually affect house prices? Common sense says that when rates go up prices go down but what could we expect to see happen if rates went up...
Rocio T.
Newbie in ASU area Tempe, Arizona
Hola! My name is pronounced Row-See-Oh (: Don't be fooled by my long intro, I am new to REI but I've been on BP for so long now ... finally decided it's time to interact! Current situation..... I work in the mortgage...
Robert T.
Everything is down in Phoenix
My wife and I rent a 3/2 MCM SFH in N. Central Phx with an agreement to buy it from a LOL (little old lady) for $340,000. She wants it sold yesterday; it's free and clear and the zestimate is $390,000. BUT I think t...
Andrew Postell
Fannie Mae makes House Hacking Easier
Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%. This is a massive difference from the 15%-20% d...
Rick Wade
Security Camera’s without WiFi
What are you all using for security on your vacant properties without Wi-Fi or in some cases, no electricity? I have been looking around and it seems the options are very limited?
Thanks
Rick
Roxanne Brooks
Escalation Clause Ethics
We found a home that suited our needs and desires. We were told that over 50 people came to the open house. (I think it was a sunny day) We were told there were expecting multiple offers and an escalation clause was a...
Chris Good
Adding Value and Controlling Costs
In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
Nick J.
An Attorney advising clients to break into their own home?
Maybe I should post this is a bulletin but that section is obviously overran by a single individual and I thought this was too funny not to share:
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Melissa Kaatman-Boettge
Newbie here! Under contract, 2 days to turn back!
Hello, We are under contract for $120,000 for a 4 unit, expecting $650/unit in rent. I have a few questions for people with experience in home repairs. The units have been mostly rehabbed, but there are a few things w...
Troy T. Felder Sr.
Renting a Bedroom in my Home
Good Afternoon BPF,I was approached today by a friend of mine who would like to rent out a room in my home. My question to the group is, what is the best way to do this and cover myself. Is this the same as leasing th...