Yaya Y.
CoC and Cap Rate Correlation
Hi everyone,I was looking at an investment property that returned a 5% cap rate after renovations. The cash on cash return is basically 1%Can everyone give their two cents to what their cap rate is on your properties ...
Dan C.
Cleaning Fee for Slow Season and Short Stays
I have a great housekeeper that consistently gets mentioned in reviews for cleanliness and has a backup team in place. Only problem is she charges more than others are charging for their cleaning fees.I've shopped oth...
Jose Genao
Cap rate question
Is ir generally better to have a higher cap rate or lower?
Eric Armstrong
Mailing to tax delinquent
Hello all,I recently got a list of tax delinquent from my county that is 13K+ long. Many are commercial locations and apartment complexes, neither of which I'm interested in right now. My question is what delinquenc...
Leo Sun
Why loaners only provide preapproval but not prequalification letters?
I plan to start my search of houses this quarter and planned to get a prequalification letter first. With it I can have a better idea of the price range I can afford.I contacted BOA and Chase loaners. And they all tol...
Austin Delk
Thoughts on LTRs in Lincoln Village
Hello BP! Does anyone invest in the Lincoln Village area, specifically south of I70 and west of 270? I have a rental in Hilliard and it made sense to purchase when interest rates were so low but it is difficult now to...
Joe Edwards-Hoff
Financing A Farm/Rental/Primary Residence
So, I was looking at moving into a new primary residence. My current home was a duplex at one time and I was planning to keep it and rent it as one. I've got a few other real estate investments. Anyway, one house that...
Shuo Wang
Seeking suggestion on first rental property
Hi All!I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100K...
David H.
Help! Lender raising rate 12 days from close
Good evening BiggerPockets! I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of Febru...
Alfie Park
Renting out current house as first investment?
Houston BP community,I wanted to get people's advice / thoughts as I try to get started with my first investment property. I'm leaning towards buying a smaller house for my family of four with a conventional 20% mortg...