Tom Anderson
New game "Real Estate Would you rather" own a STR that cashflows
$4k a month or own a 4 unit multifamily property worth 4.8x the STR but just breaks even month. Here are the details. You have approximately $100k to put into a property. Property A is a Short Term Rental investment p...
Chris Bingham
Renewal notice offering less rent than they are already paying?
When a tenants lease is set to expire and you send them a notice of their options (I've seen many posts where 3 options are offered) do you ever offer an option that would allow them to pay less rent than they are cur...
Karsten Madsen
Should I build small, 2nd home on my property?
To help our son break into the housing market, we are looking into building a small (approx 1,000 sq ft) home on our 6.4 acre lot in rural Ontario. My curiosity is how it would effect influence of this on selling at ...
Bree P.
Non-Conforming Garden Unit in Chicago
Hi All!
My husband and I are looking at doing an off the market deal on a multi-unit (two flat) on the north side of Chicago with a non-conforming garden unit. While we own a single family town home in DC, this will...
Kristen Haynes
Shat's happening with home sales, interest rates and the overall housing market, nati
Home Sales Tumble, But There’s Hope for a Turnaround
April 18, 2024Being a Real Estate ProfessionalBy: Melissa Dittmann Tracey
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Consumer sentiment for home buying and selling is growing despite recent h...
Ebony Harris
Landlord verus REIT's
Hi!I'm new here and new to investing. Does anyone have any advice on which route I should take: REIT or becoming a landlord?I know there are risks and aggravations involved with both. Which one worked best for some of...
Sam German
Offer month-to-month lease to good tenants?
I have good tenants who pay on time every time. Lease ends late July, and they're asking about a 3 month extension or month-to-month.
Pros:
Slightly increased rent for the shorter termRetain tenants who pay on time...
Derek Brickley
What Impacts My Mortgage Terms?
This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
Account Closed
What are your thoughts on buying a property built in the 1940s as a newbie investor?
Hello BP Community! I am considering acquiring a 3/2 SFH in the Midwest to BRRRR and hold long term. The only issue is that it was built in the 1940s. I am interested in hearing your experience/opinion with homes this...
Corey Grant
Advice on a "Package Deal" Please
Long story short, I have an opportunity to purchase 10-20 single family rentals. I currently have 4 units, a duplex and 2 single families that we have run for the last 8 years.My questions are along the lines of:1. ...