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have always enjoyed challenging widely held beliefs, probably because so many of them fall apart upon closer examination. Most recently, my contrarian radar started going off in the summer as talk of a Canadian housi...
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Hey guys,
I'm reviewing apartment complexes left and right looking to pick up my first one in the next 60-90 days and was curious to know what rules of thumb other folks on BP use to filter properties effectively?
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Are there any old timers on here who owned apartment buildings through the last cycle? I'm curious what happened to your NOI. Did it take a hit, and by how much? Was is from increased vacancy, increased concessions...
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In my last post I have a house that I found while driving. I talked to the homeowner and it seems like he is running out of money to repair his distressed home. Here is what I know:Asking Price: 290,000 - 300,000ARV: ...
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The April 2018 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. The median price for a single-family home in Austin is now roughly $400,000. That's a 9% jump from April 2017! All signs co...
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My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cur...
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The real estate market in Greenville continues to be hot. With decreases in inventory and increases in population prices have continued to quickly rise in the city limits. Being from the area, i feel as though i am hy...
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Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex. I understand that this doesn't qualify under the de minimus safe harbor exclusion.
Is there any way to wr...
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I have an investment property which I bought almost a year ago for $365k, $271k on a 30 year fixed mortgage owed. Moderate rehabs with comps nearby selling in the mid $500k range. Monthly 1 year rental history is $4...
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Some data shows that rents have already decreased 6 to 10% depending on region and location. My lease terms are currently up for renegotiation. What is a good approach and strategy to ask my landlord to reduce rent? I...