Hi all,When purchasing a commercial multifamily, should one use cap rate to determine the “value of the purchase”, the potential value of the property, or both? For example; if I have a property selling at a low 6% ca...
I’m looking to purchase my first investment property and am targeting SFRs or small multi-family. I don’t have the capital for the entire 20% down so I’m considering using a HELOC on my primary residence to fund a po...
The numbers are out for Q4, 2018 and the results (vs Q4 2017) show:Median Sales Price: $547,000 - up 4.6%Average Sales Price: $729,801 - up 5.0%% of Original Price Received: 98% - down 0.3%# of Home for Sale: 143 - do...
To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...
Whoop! Whoop! YOU bought your very first property for $200,000! You got your rehab budget of $50,000. And after checking the comps you're 'positive' that your ARV is $300,000... After about two months worth of rehab, ...
Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...
First off I just want to say that this is a great community. I've been a reader/listener of the podcast, but this is my first time posting. My family and I have decided to turn our primary residence into a rental unit...
Hello,
if there are current short-term rental hosts (Airbnb/Vrbo/Homeaway etc) - is there any restrictions coming in nearest future?
Accordingly this article
https://www.wral.com/raleigh-to-limit-number-of-guests-r...
I have a small SFR and would like to limit the number people occupying the dwelling. It is 2 bedroom, one bath and a little over 600 square-foot. In the past I have had mostly two person rental agreements and they a...
Hello,I am reading into what is allowed by the State of Massachusetts for charges such as first/last/security...I understand that:1. I can collect a security deposit = to rent2. This security deposit needs to be place...