I'm Interested in purchasing my first multifamily. It consists of seven units and has a cash flow of about $5500 before all costs.What type of loans should I inquire about? Do most investors just apply at there local ...
Hi everyone.So, I've had my 4-plex for about 8 months now and had no issues with collecting rent for the first 6 months.. Then.. One tenant started to pay a little bit late because of some issues she was going throug...
We have had a tenant in a SF rental for the past 5 months. We realized about a month after he moved in that he was going to be a problem to deal with so we immediately hired a prop manager so that we could be taken ou...
Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...
Hi BPers,I'm wondering if anyone here has experience in the Vancouver, BC rental market with long term tenants. Currently, it looks like Vancouver has a rental increase cap of 2.9% annually. Does this get "reset" to m...
Preface: Fairly new to all this.I have the opportunity to buy a two unit property, where we currently live in both units, from my brother. I intend to purchase the property, live in one side and rent the other when he...
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
Here's what happened:
2 weeks into first month with tenants, the one who is the point of contact sent videos and photos of wire shelves in a small kitchen pantry not having brackets and was worried they weren't secur...
What's all the Hype with the new law? Well this will apply to your RE LLCs…
A new law was passed back in 2020 which has not been on the radar for most business owners. Let's start with the fact that the U.S. Treasury...
One of my properties has a common law couple with a recent domestic violence incident and criminal charges including Domestic Violence Protection Order (DVPO). The male apparently has a history and it sounds like he ...