I’m going into contract on my first rental this week. It’s going to be a section 8 rental in Suffolk County Long Island. I’ve ran the numbers up and down and they work well. I’m unsure about a couple of issues tha...
Hi everyone, I am moving to Jacksonville next month as I got my first job out of college there working at Deutsche Bank. I am hoping to purchase my first property in Jacksonville as a house hack but am struggling to f...
Hello everyone -I'm still a newbie to being a landlord (first time transitioning from old tenant to new) so I'm hoping some experienced people can help with how to transition from old tenant -> vacancy -> new te...
Hey all - I'm new to BP and I'm in the learning process so that I can get into the real estate game. My goal is to make moves in 2017 and have at least one rental property by the end of the year. I currently own a con...
So I understand cap rates, NOI, and how they both affect the value of a commercial property. For example, a building at 50% occupancy would significantly raise the NOI and thus value of a property. My question however...
Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...
I make sure to put in my lease that tenant pays all utilities, what would happen if they stopped paying? would I have to pay the utility company myself? If so, how can I work around this to where I would not have to m...
Plan is to sell in the next 5 yrs or so. Trying to split gas & electric utilities so tenants pay their own.Trouble is doing so may cost 10k or so. It will eliminate me having to pay their bills though, which are r...
Hey, I wanted to know how can I use other people’s money to obtain a property? Is there a way that I do not have to come up with 20% down of my own money? Thanks for you all help.