How far in advance do you ask your tenants if they are going to renew their lease?
Hi BP Fam! I am considering selling my duplex to pay off my insane student loans and would love to hear from the BP brain trust.
My student loans are $355K total with a 7.5% interest rate. Once repayment starts in Oc...
I hope you can share your insights with me. One bedroom unit tenant (the only tenant on the lease) has not paid rent and is hospitalized in a mental hospital, haven't come out yet. The lease will end on 6/30/3019. He ...
IntroductionIn the world of real estate, there's a saying: "Buyer beware." It means that when you're buying or selling a property, you need to be cautious and informed. That's where due diligence comes in. But what ex...
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Hello BP Community,We recently bought our 3rd vacation rental and have been doing minor renovations. In the bathroom there is a new deep tub but no shower doors or a curtain. We got a quote for installing frame-le...
I know cap rates are not used to determine a value for single family houses. But is it appropriate to use, commonly used, or used at all for portfolios of single family houses? If it is used, would the cap rate be com...
Hello, I am an investor from Texas. We purchased a home about 8 years ago on the urgent recommendation of my youngest son. It was a home that was in dire need of repair/work and was being sold at a very low price (44,...
I'm assuming a mortgage which will enable me to actually cashflow in today's market, which is what peaked my interest in the deal to begin with. Here's the deal;Sales price: $407,500Mortgage I'm assuming: $340,000Inte...