With the stimulus and tax money running out... It seems to me that tenants are no longer able to afford the high level of rents they used to pay. Or at least they are choosing not to pay. I think they got used to spen...
Hello everyone,I went under contract on a mixed use property back in late June that I'm converting back to a duplex. My agent sent over an addendum to extend the closing since I'm using a rehab loan and I also had add...
When dealing with an investor whats the standard cut on their loan? For example a property that I am looking at with a cash offer of $35K and an estimated $35 to $40K in repair work. The house has a fair market val...
I have new tenants moving in to my duplex which I live in the other unit. The water is not separated and I have estimated water into the cost of rent. However they stated that they will be bringing a washer of their o...
I'm assuming a mortgage which will enable me to actually cashflow in today's market, which is what peaked my interest in the deal to begin with. Here's the deal;Sales price: $407,500Mortgage I'm assuming: $340,000Inte...
Hi Guys,So I've just recently purchased a property with 3 bedrooms 1.5 baths on the upper level, and the basement has an in-law suite with a separate kitchen bathroom and bedroom. I currently live in the basement and ...
I’ve had someone apply for a property of mine that disclosed they want to in turn sublet via Airbnb the rooms. Interested in hearing your experience. Anything specific I should write in the contract to account for the...
In 2019, we worked with Anna, a homeowner in Milford, NH, who needed more than just a typical real estate transaction. She was planning a cross-country move to be with her family in Las Vegas, but the process was daun...
I am ready to buy my first real estate deal. I have chosen my stragety of buying Duplexes, Tri's, and Quads. I have heart for multifamily RE.What are BP members thoughts on wether to buy 3 turn key over the next 6 mon...
Just turned 30, finally grew my portfolio to officially 12 units (Just under $2 million worth) generating a healthy avg. 13-15% cap-rate on each unit with traditional financing over the span of the last 4 years. I've ...