Bruse Unger
New investor expenses questions
Hopefully going to do buy my first unit this year. I have a question about what expenses does a landlord typically incur? I know about prop taxes and I plan to have a prop manager which i am told is about 10% of the r...
Miguel Oliviera
COVID Lease Agreement Updates
BP Community, Is anyone adding any new specific lease agreement updates based on pandemics? Curious to know what other landlords are adding to the lease agreement. Thank you in advance!
Brian Zitzow
MLS Type Triplex, Assessor Type SINGLE FAM RES, HALF PLEX
I was looking at a property today and the MLS has it listed as a Triplex, fully rented.I looked it up on the county tax assessors website and the last time it was assessed it has a property type "SINGLE FAM RES, HALF ...
Tuan N.
Fund strategy: Loan for primary home OR pay off and take out LOC
I believe it's generally better to get as much loan as possible and save cash for opportunities, but in my case, DTI may prevent me from taking out another mortgage, so I'm thinking if I can't secure a loan, I'll pay ...
Alex Baranov
Is there a rule of thumb for estimating closing costs?
New investor, just starting out. Curious if there is a reasonably good rule of thumb for estimating both purchase and sale closing costs. For example, if I bought a single family home in PA for $100K, what would I ...
Dave Bell
Exiting a Land Contract?
I found a buyer for a property I have under land contract right now. Is there a way to still be able to sell it myself and satisfy the land contract, or do I have to satisfy the contract first before I can sell it. So...
Paul McCann
Anyone financing property deals in the UK ?
Looking to re-finance and expand a UK based property company. Generally mixed use /multi family buildings. I have no issue paying fees I just won't pay them upfront. I am also happy to pay any legal costs you may incu...
Alex Lin
Long Term Rental COCROI
When trying to calculate COCROI do you account for the rent lost when renovating a unit? For example, let's say I were to buy a 230K MF property on 7/1 and put 20% down and then put 50K worth of renos and can rent it ...
George P.
DD (homework)
When doing due diligence on the property and you want to have as much information about the property as you possibly can get without incurring costs, what would you look for? Property taxes, housing violations, water ...
Account Closed
Buying Model Hiomes
Has anyone every bought a model home and rented it back to the developer for 1-3 years while developer finished the development project? What are the pros/cons? Initial terms are: purchase price $450,000, rental in...