Hello, I am selling a 4/2 and it's been listed for 23 days with about 6 showings. Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area. Should I lower the p...
I have beautiful wood floors covered in brown, nasty paint in one of my units. I was planning on using a drum sander to handle it, with a very-low number grit. Has anybody done this? What's the best way to deal with t...
Hi,I have been following this forum for over a year now. This is the best place to find valuable education regarding Real estate. I have saved 50 K cash and my house is paid off and currently worth 250 k. I am eager t...
So I’m interested in putting in an offer on a 4-plex in an up and coming area around the top of my budget to househack by living in one of the units. Listing agent recently told me at a meetup that one of the units is...
Newbie investor here. I'm focusing on turnkey properties because I'm seeking a passive (or as passive as possible) RE investment. I have about $150k to invest, which is currently sitting in a savings account (4.4 % AP...
I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
There have been lots of conversations regarding the next recession. It would make sense for the buy and hold investors to keep your leverage down to 60% or less. When 2007 hit how did the buy n hold investors survive...
Hi BP!I found a 4-plex in my area that I'm thinking about putting an offer on. However, this would be my first property, and being a noob, I'm in a bit of an analysis paralysis state. I wanted to post my numbers here ...
Hi all,I have a 4 bedroom STR in Indio, CA. I listed it on Airbnb and VRBO about a month ago from today. So far I've gotten one booking that has already happened and two future bookings. Other than that: crickets. I h...
I am about to refinance and due to an increase in the value of the property can opt for a cash-out instead of a lower rate. Will that cash be taxed as capital gains? thanks.