Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....
I am considering buying my second triplex. It currently has one old propane furnace for all three units. I am concerned that if I don't split the heat up by installing three smaller furnaces and let the tenants pay th...
Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...
Hi friends,I'm closing on a property soon where I'm inheriting a tenant who's been living there for over a year. There's no written agreement or lease; the tenant is paying about half of market rent currently (I thin...
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best ...
Hi all,
My girlfriend and I are closing on our first house hack in two weeks. We are planning out the terms of our lease and are deciding on whether or not to include water in rent. The property is a duplex on one wa...
New landlord here, just bought a two family and will be house hacking by living in the 2BR unit and renting the 3BR unit. The house is coming with a tenant already in the 3BR unit who's been there for about 5 years, ...
I
recently took ownership of a new apartment building in Kansas City. All
the tenants are on month-to-month leases and rents are about 30% under
market. I am sensitive to the notion that we're in a pandemic and ...
So I read last week the politicians in Richmond, VA voted down a bill to stabilize rent in the state. HOWEVER, don't get too happy yet. The Virginia Housing Committee did create panel to do a feasibility study on re...
Hey everyone! I hope you're all doing well.
My name is Lam, I am live in Florida, I am 22 years old still in school.
For the past few years, I've been managing a single rental home, and it's been a fantastic learni...