When you have considerable equity in a home, Will a bank give you all of that money, no questions asked to do whatever you want with?Or do they need to verify your income to ensure you can make the monthly payments on...
Hello, I am purchasing some apartment units with existing tenants and leases in place. When I acquire a new property, I have the seller give me a lease assignment agreement, assigning the leases legally over to me. Th...
Dear BP members,I was wondering, what factors could possibly affect a property's value?If there's a public school across the street, is it a plus or a minus?If there's a bodyshop next door, is it an advantage or disad...
Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in this city be likely to support this proposal...
Hello BiggerPockets forums! I recently moved to Brisbane, Australia after working as a property lawyer for three years in New Zealand, during which I purchased one rental. I have three months of property experience in...
Hello all! I just recently closed on my third property (first duplex...yay!) This was managed by a PM prior and one of the units is on a month-to-month lease. I was curious what the right way to increase the rent is? ...
Well I've written about prohibitive financing costs and the list of qualified buyers without qualified deals is piling up.
On non primary conventional loan purchases rates are in the 7-8-9-10%'s.
Few buyers are wi...
I recently bought my 2nd ppty but the market rent can only cover the mtg and ppty tax. Is that reasonable? How can I turn it into a positive cash flow ppty?
The past few weeks I've written about a looming window of opportunity for investors to revaluate and re-engage the real estate market as winter has taken full effect and the rise in rates late last year dissuaded many...
Hello all,
I am a new investor thinking of purchasing a condo as it's the most my cash on hand can purchase. In your experience, has condos gained much equity after updating the kitchen and bathroom? This won't be a ...