I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
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I saw an apartment building down in Tampa that has 9 units it’s worth $550,000 and it has a cap rate of 11.79% which seems pretty high to me and it looks like a good investment. I’m new to this I don’t know much. I k...
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The 70% rule of thumb seems like a great way of determining how much to purchase a house for. How many people that use the 70% rule actually achieve the 70% rule once the rehab has been done and the house has sold? In...
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Hello BP!I was wondering for some advice - my husband and I are about to embark on our first house flip (exciting!!), we have analyzed the numbers etc and we are ready to try to secure our first house. We have not yet...
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I have brand new tenants who apparently snuck in an extra cat. I was clear when we met that we have a 2 pet maximum. It's also stated more than once in the lease, and they have a pet addendum. My maintenance guy told ...
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I wanted to start a philosophical thread here with pearls of wisdom for those times when everything is just going wrong. :crying:
I'll start:
Stand up to crises. Don't let them throw you! Fight to stay calm... eve...
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This might be a silly question: but when buying a MHP with mostly park owned homes are the park owned homes usually included in the price of the MHP? If so, then I can pretty much begin the process of rent-to-own cont...
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Hello BP investors, I am a small time Buy and Hold investor at the moment looking to expand into BRRRRs.
Could someone walk me through a BRRRR they have done before?? I am knowledgeable in the construction industry ...
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We have a house in North Las Vegas, NV. paid off and worth around 450,000. We are decided to leave Nevada to another state. What do you suggest to do with the house, getting rid of it and selling OR keeping it and ren...
Hi BPers,I'm in the processing of hiring my cleaner for my first property. Does your house cleaner normally give you an invoice after every clean? Probably for your records, it would make sense to have invoices for al...