Claire McGuire
Converting from month-to-month to 12-month lease
I have a SFR that is currently rented on a month-to-month lease. Originally it was a 12mo lease, and reverted to month-to-month after the first year. My tenants have been there for nearly 2 years, but they've told me ...
Ian Bower
Help me understand my marketplace... are these deals?
Hey all, I've been looking for my first investment property in my local marketplace (2 hour radius around me) Here is what I have been finding for the most part... SFR - Low cap rate (3% or so) Multi-Units - 10% Cap R...
Daniel T Stockman
Level Up or Stay Put?
I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...
Lukas Vanagaitis
Redevelopment after Hurricane/Flood. Houston, TX
BP Nation!There are thousands of houses that will need repairs in Houston, TX.No inventory problems for redevelopers.QUESTIONS/CONCERNS:- will Contractors be much more difficult to find?-will Contractor bids increase ...
Mary Fasheh
Where's the best place to find distressed properties in OC?
Hi All, My name is Mary, I am looking for property to flip in Orange County,CA area. I have a few questions to ask and hopefully can get someone to help me! I am also a Real Estate agent. I have been loking in the MLS...
Corey Dutton
Are Mortgage Brokers Being Phased Out?
Over the last few years, the number of mortgage brokers in the United States has shrunk drastically as new regulations have made it more difficult to do business. According to the National Association of Mortgage B...
David Franklin
Raising rent on renewed leases.
I was reading a post on Facebook about terms in a lease. There were a lot of comments about raising the rent on every renewed lease. My question is if your taxes didn't go up nor your insurance and there was no other ...
Christopher Wall
Great tenants, should I raise Rent?
Hello BP Family!I have great tenants in the East Orange NJ area. I inherited these tenants and raised the rent from 1k to 1200 when I intially took over the property. I used the BP rent estimate and the floor that is ...
Kris Lai
San Francisco Pocket Listing w/Rent Control: Deal or No-Deal
hello BP friends ... been MIA for a while and looking to get back in the RE groove of things, hoping to seek some advice on an off-market deal that was presented to me. It's a 3 unit bldg in the hot area of Bernal Hei...
Steve Fitzgerald
Tenant requesting lower lease
I have a single family house with an in-law apartment. There are five bedrooms, three bathrooms, two kitchens, and two living rooms. I’m giving background on the house because it’s not a typical SFH. I have a renter t...