Condotel Investments: Not Always a Smart Idea in the United States !
Even with record room rates, owning your piece of the condo-hotel business in the United States might not be so profitable, experts are saying. Yet...
I just put in a new washer and dryer a few months ago for a 12 unit buidling and things were going great. Tenants were happy with the new machines & I was generating a little more laundry income!Unfortunately, I j...
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
Stock market gains average 8% per year. I am not sure what the average year on year return for BRRRR is but if you compare the two which one would earn you more money for your investment assuming average BRRRR results...
I'd love to hear from people who have jobs on this. How many houses, or units do you feel you can handle? Some of this depends on how flexible your job is of course. I'd love to know how close people feel they can get...
One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
Me: 2-4 units (including multiple houses on 1 lot)
Location: SF Bay Area; Richmond, Oakland
Why?
1) 30yr fixed rate financing. I plan on owning the "fix and hold" properties I buy for AT LEAST...
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
A 3/1 townhouse I own in Baltimore was trashed by a Section 8 tenant who moved out at the end of 2016. I spent more than I expected getting it back in shape. Then had difficulty renting it for several months, for vari...
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...