According to Yardi Matrix most recent publication, “COVID-19: A Game Changer for Multifamily", nationally, rents have dropped by 0.4% since the arrival of COVID. This past week I decided to focus on some key areas of ...
Hello BP community,
As I have good working relationships with most of my tenants, how do I increase their rents without them thinking I am a greedy landlord? On one hand I feel kind of bad raising rents but on the o...
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
October 2022 Housing Market Update for Austin, TX MSA
October 2022 statistics have been released for the Central Texas Housing market. There was a slight increase in median sales price from the preceding month and ...
Hi,
I was wondering if it was a good idea to lend money from a HELOC on your primary residence?
My thinking is if I own my primary residence free and clear, I take out a HELOC and use it to invest in le...
I bought and remodeled a property in Arlington TX a few months ago, and my plan was to do a wrap. The remodel was pretty basic, but it presents pretty well. Now I'm trying to sell with an owner finance. I was under...
I'm looking to refinance a duplex I have in Saint Petersburg, Florida. I bought the house for $170k using an interest only private loan (I pay $650 in interest per month), and then I put an additional $30k of my own m...
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...