I just did an annual report for a lender, and while reviewing my rent roll discovered an interesting breakdown. My complex is 24 units, all 2 bed 1 bath, avg rent $860. I have Aprox 33% of residents that have been th...
What would you suggest for converting a hesitant lead with an obvious need and desire to get rid of the property in as-is condition. We did not even get to the point of price discussion, and I only got the phone numbe...
what are few locations in Charlotte, nc to buy a rental property that gets steady renters and good home appreciation down the line? This is my first rental property investment. Maximum budget for buying a rental prop...
Hi Guys,I've spoken with an investor friendly realtor here in my area about helping me find a house hack come July when my lease ends. I currently am paying 1200/month in rent. He says I should expect to still pay a...
I am in the process of purchasing a single family house for my daughter and grandson to rent. I am putting 20% down and financing the rest as an investment property. Our intention is she will build her credit and sa...
Hello there BP Family! Let me preface this forum post by saying that no one is an actual dummy when first starting out, but to grab your attention I had to use something good :)
Cap rates, gross rent multipliers, ca...
This is something I find kind of interesting and thought I'd throw it out for discussion. We get a lot of discussion on BP around the relative value of getting an agents license but almost no discussion about the valu...
I was recently accepted to Columbia University’s Masters in Real Estate Development program and am in the process of doing as much research as I can on the program and its value before I need to make a final decision...
I've seen a few posts about people achieving success to the level at which point they can quit their day jobs (I wish all of us could be so fortunate); but for those of you still slugging away, what do you do for work...
To the best of my knowledge a 4-plex being refinanced by a bank is always appraised based on comps.I watched a YouTube video and the person was calculating the future value of their 4-plex using NOI and cap rate. This...