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As a rental property owner, tenant screening decisions can make or break you. Getting the perfect tenant for your property can take time and effort, but are you doing what it takes to increase your chances? Making You...
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Good morning BP Family,I have leased my property to a couple who has now asked "how much would it cost us to move our son, his wife and their child in with us"? I currently rent the property for $2,400/mo. The prope...
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I might be looking for a unicorn.The standard max with DSCR loans on investments seems to be 75% LTV on a cash-out refi, from the brokers I've spoken with. I have a property that I may be looking to cash-out from in 2...
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We own in a triplex where the rent is $500-600/mo. Should we stick the standard in The Book on Managing Rental Properties? What credit score do you use as the qualification threshold?
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I was recently contacted by the owner of the duplex across the street from mine, he's sick of it and wants to sell it to me owner contract. The asking price is about 15k under market and the terms are 10% down payment...
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I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
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I started writing this post last week, but the banking errr.. financial 'crisis' of 2023 (and make no doubt about it, that's what this is) has been 'evolving' so rapidly I had to delete what I was going to post to sta...
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FYI all Philadelphia Real Estate Investors -The Philadelphia County Transfer Tax Rate is increasing January 2017 from 4% to 4.1%. As many of you know, the transfer taxes vary municipality by municipality. The standard...
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Hi Everyone,I just wanted to start an important discussion on how to increase the value of a multifamily property. It's all about raising the NOI, and I would like to get some ideas on how to create value.Any idea wo...
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Hi Everyone, we have been acquiring single family rentals (>10% cap rate) in St.Paul and Minneapolis the last 12 months and we are noticing the demand for affordable single family rental (1100 - 1500) is increasin...