I just got a deal for 3 beds 2 bath rental property for $247,500. The estimate rental is about $1,550-1,700.My interest rate is 6.375%. My lender want me to buy down 1% with $1,800 Which make my interest 5.375%.I aske...
🤓 As a real estate investor, understanding the relationship between cap rates, Net Operating Income (NOI), interest rates, and the desirability of multifamily real estate deals is crucial.
🤑 Cap rates determine the v...
Feb marked 3 months in a row of the market picking up. We are seeing signs of higher demand even though rates remain high, months of inventory decreasing, multiple offers becoming very common again, and consumer confi...
Good day, My partner and I purchased (2) 4-units multi family properties in a good in St Louis MO (63123) back in Sep 2021. For around $375,000 each, I only own 2 of the 8 units and my partners closed his part of the ...
I have an investment property which I bought almost a year ago for $365k, $271k on a 30 year fixed mortgage owed. Moderate rehabs with comps nearby selling in the mid $500k range. Monthly 1 year rental history is $4...
Some data shows that rents have already decreased 6 to 10% depending on region and location. My lease terms are currently up for renegotiation. What is a good approach and strategy to ask my landlord to reduce rent? I...
So I was reading the NUTS WITH GUNS post and that got me thinking about legalization of all drugs and I'm curious to hear what all our very smart BPer's think about this? It's fun as most people only talk about legali...
Hi BP family,
Like to get your take here. One of my 2bd condo should be able to rent out for $1700 according to few sites I've researched. However the next door neighbor in a 1bd asked if I would rent for $1500, and ...
Good Day All,I have heard a lot about crazy cash flow on Cottage/Airbnb rentals in Ontario (specially near lake/water properties) during Summer season which has intrigued my interest in Short term rentals investing. I...
I've been very interested into purchasing my first multi in the Boston / greater boston area (Eastie or Dorchester being my greatest interest). I've been watching the market via MLS for months and based off last 3 mon...