I found all these rates and investment return to be very amusing:average CD rates: 4.5-5%Highest CD rate ever recorded: 7% (how they could made money over this I dont know)Typical MF cap rate: 4%Average 30YFRM= 6.5%be...
Hello everyone, I am a newbie RE investor from Vancouver, Canada and am researching on investing in the US market. I am still starting out so I have a lot of (dumb) questions that I would like to consult the experts h...
Hi BiggerPockets community,We have a house that we are furnishing as an MTR and STR between guests. I had a question from a potential tenant yesterday about our early termination/cancellation policy. On our LTR and pr...
I am kicking off my real estate wholesaling venture and just found out (thanks to some nice forum members) that Mississippi is a non-disclosure states. This means my attempts at getting probate lists, water shutoff li...
We have a new situation here that we’d greatly appreciate input on from the BP community… but first, anyone know a good lawyer to have on-hand for questions like these/cost?
We screened out many, many tenants that ...
We recently saw a strange pattern in the market. Houses are selling for significantly more than the asking price. We started asking…
What exactly is happening with the market and how will the pandemic trickle down to...
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
Hello,
Looking for my first house to rehab/flip in the central CT area. My realtor has a filter which sends me some properties once in a while, including foreclosures. I have also looked on homepath for REOs...
We are in TransitionBeing in real estate, we all know the value of residential and multifamily real estate. The cash-on-cash returns can be great and can provide wealth for generations to come. With that said, what ab...
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...