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Hello, I am considering buying a property that has a 6% cap rate and only cash flows about $200/month. However, one of the units is currently renting for $875/month. Using rentometer.com, I've determined the average 1...
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Good morning Investors!!!
I have my first property under contract located in MA. I'm using a VA loan on a 3 family. I've been shopping around for Home Owners Ins. Does anyone have references for a good agent?
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Hello, I inherited a tenant in a new duplex, the tenant is current sectioned 8. Their lease is in the old owners name. I had my attorney look at the lease he said the lease is good until January 2022 and that since we...
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Question:
I live in CA (LA county) and am currently renting. My current 9-month lease ends September 30. I bought a multi-family unit and close Aug 6. Tenants are coming in place with that property, and have lived th...
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I currently have a property I am living in. Mortgage is $1205 a month. I am renting out two of the three bedrooms for $500 per month so it is almost paying my mortgage. I bought it for $168K and did a complete re-mode...
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I invested in a single family home 5 years ago, the house has appreciated to twice the sale price, the market was very hot and even in poor condition, it sold nearly at market so after putting in 55k of repairs into i...
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Hello,I Recently Moved to Atlanta, and Im trying to get a feel for the market. Are you currently working on any projects that you are willing to discuss?
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First ever post here on BP. Im 27 years old and have been renting on my own the past 2.5 years. My lease is up end of September and need to make a decision. Would love to purchase my current apartment from my landlord...
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Hello BP,I recently found an 8-plex property on the market and I'm wondering what the terms are for a commercial loan in order to get that property. So far I've been seeing 5-year terms, 20-year amortization, and belo...
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Do you apply a rent payment to past due rent before applying it to cyrrent rent?