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10 year (the common benchmark for CRE loans) just keeps climbing. Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation. How bad is this going to continue to hold back the C...
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Hey Everybody,Many people face this challenge. Should you pay off debt such as a car, credit card, or student loans first? Or should you take the same money and buy a cash flow income property? What would you do an...
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I currently have a 1rst floor tenant who has been a reliable payer of the rent for the last 2.5 years. They pay 1050 for a 3 bedroom apartment that currently would rent for around 1450-1500 in the present market. ...
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I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
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Hi everyone!My wife and I just bought a duplex in South Jersey to house hack. The current tenants in the other unit are on a month to month lease. There are a few problems:1. The rent is too low ($1350 for a 3 bed/2 b...
I am under contract to buy a HUD home as an O/O. I had an inspector meet me at the property and he believes I have a termite issue. I am having a termite inspector out next week to confirm and give a repair estimate. ...
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I just came across an issue from the purchase of a multifamily building and wonder if anyone else has seen this behavior before and what should I do about it. By the way, I have contacted my attorney for actual advice...
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I purchased a 3 unit building several weeks ago. Recently, I signed up one of the pre-existing tenants on a new month to month lease. One of the tenants has a car in the yard. I told her at the signing (and wrote it i...
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Hi all!Canadian here investing in The US. I would like to start studying the detroit market.. any insight on this? Should I stay away for now?.. Cheers!Massimo
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An interesting proposal to make local bans on STR's illegal.https://www.live5news.com/2023...