Breelon Bryant
BRRRR method: Does it decrease cash flow?
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
Noah Bacon
Do you use the 1% rule on your rentals in 2023?
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
David Harris
Where to go with a 4-unit multi-family property (In over my head)
About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
Christopher James
Economy is solidly advancing
I read a recent article by one of the very best Economist in the Real Estate Business that anticipated growth of 4 to 5 percent occurred in the second quarter. GDP will exceed 3% for the first time since 2005 and unem...
Steve T.
Seeking Advice for my 2-Bedroom Unit
Hi everyone
I'm a landlord from Stamford, Connecticut, and I'm seeking some advice about my two-family home. Here's a quick rundown:
Location: Situated on a nice dead-end street, just 0.7 miles from two local parks/...
KENDRA J.
Chosing a montly rental fee
Hi
I am a newbie here and hope someone can be of help. Husband and I own several rental houses and may be purchasing a condo to rent out also. Husband thinks we should be automatically raising rent every year on tenan...
N M Clarke
Rental Reduction Requests: CALIFORNIA
One of my market rate units has asked for a -15% monthly reduction. The press out there has been brutal about how much vacancy and drops in rent, which include a lot of new developments downtown that were super high a...
Mak K.
Landlord insurance premium 80% high
HiI had landlord insurance since two years with Travellers and was paying $1400 per year. All of sudden the new rates are $2000/year.are you seeing the same rate hikes? That’s a huge bump.
Bryan Plumb
Best way to pull equity out for first investment property
Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our...
Henry R.
10 UNIT APARTMENT CAP RATE GREAT BUT HIGH FIXED COST HELP!
Hello BP Nation,I would like your thoughts on this please.I took a look at a 10 unit for the first time. It's a brick building built around 1920. It has been rehabbed some time ago has sheet rocked walls, breakers, ca...