Javier Osuna
The 2% rule does not apply to every market, does it?
Hello BP gang!I've heard quite a few investors talk about using the 2% rule as a general rule of thumb when evaluating for buy and hold deals for cashflow. However from analizing the rent to value ratio of residential...
Vlad Denisov
Who determines the Cap?
People say Cap Rates are the function of investor's appetite. If they are willing to pay less for NOI, Cap will go up. What about the tenants on the other hand? If they decide that 1000$ for studio is too expensive, a...
Rich Weese
3.8% tax on future real estate sales!!!!
There is a provision for a 3.8% tax on real estate sold beginning in a couple years as part of health care bill! I did try to verify with snopes. It was confusing and only discussed in terms of owner occupied sale. Di...
Luke King
Cap Rate on a Duplex in Toledo OH?
Hi All, I'm looking at a duplex in the 43613 (west toledo) area code. The seller may finance the deal so I'm putting together a bid. I don't see many comps in the area that have sold recently so I'm struggling to f...
Account Closed
Why do renters rent
I am new to real estate investing and never really had much interactions with renters. I had a friend who rented out a house. The tenant who was nice although very very messy lol. I asked him why he didn't just buy a ...
Eric F.
Gatlinburg Deal Analysis
Hey All Gatlinburg STR Gurus!
I'm very interested in getting involved in the Gatlinburg STR market and have spent countless hours researching, listening, lurking and basically soaking up any info I can in this specif...
Kathy Welch
Is it to evict a paying tenant after buying a duplex in Maine?
I am purchasing a duplex for myself to live in one unit and my adult daughter to live in the other unit. The unit I will be in will be vacant per the contact I am currently under. The other one has a lease that expi...
Salvador Mariscal
Rent property long term or sell for small profit?
Hello everyone,
I'm new to real estate and recently purchased my first property in Coachella, CA for 335K with the intention of renting it out long term. After investing an additional 50K on upgrades, the house was a...
Troy P.
What makes a room a bedroom?
I'm looking at this property that states it is 3 bedrooms. It appears that way, but after looking closer, one room has a custom made "closet" in an open space. It also has no door and is, in my opinion, a bonus room...
Ben Hughes
Partnership with Relative
So me and my father-in-law have verbally agreed to form a partnership for investing purposes. I've already opened an bank account for it. I put in 75% and he put in 25%. Anyone have a form to make stuff like this o...