I've read a lot about landlords investing in student rentals but haven't found much about landlords that become students. I have a 3 unit that cash flows very well for me with great tenants and minimum maintenance. I'...
My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?
i am buying a house in PA. The agent told me i don't need any attorney to buy a house in PA but i want to get an attorney anyway just to be safe instead of headache later.The closing date will be in two weeks. i need ...
Hi All,I'm learning a lot here and am feeling more confident to pull the trigger on my first investment property. As I get ready, I'm feeling less confident in the actual execution of the transaction and the day-to-da...
Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
If you use rentometer and various apartment searches and believe that a unit should rent for, say, $650, and your real estate agent estimates that it should rent for $600, that's not a big deal. The different isn't th...
Hi BP,I am asking a question from the perspective of a tenant and looking for your expertise. I have found a good deal of info on MTM leases but none that I can locate seem to directly address my specific question.The...
Hi BP!I am interested in the Raleigh real estate market and I will be visiting the area for a week from May 21st to May 28th. I am looking for advice from others who have gone on similar trips to get to know the area...