Justin B.
Cincinnati landlords cant ask for security deposits anymore!
A “renter’s choice” city ordinance — requiring landlords to accept renters’ insurance and other alternatives to a cash security deposit — passed last week by Cincinnati City Council was featured in a weekend article b...
Paul Sandhu
A motel closed in my town yesterday
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Miguelli Fernandez
Cash Flow Vs. Appreciation
Hi BP. Out of state beginner investor initially looking at single family/duplex in Cleveland area to rent to section 8. The more research I’ve done and the deeper into the process I get I’ve noticed that I’m starting ...
Kevin Parekh
Is the market going to go KABOOM?
*This thread hasn't been written to instill fear or troll other investors!So I am a new investor in the market (in Pensacola, FL). Important to note, that even though I have a professional degree and make over $100k a...
Kevin Olson
Local REI or Out of State??
BP-
I am a commercial real estate broker in Eastern mass. I feel I have a knowledge and understanding of the market in this area as I have practiced both residential and commercial RE for a few yrs now.
As I live ...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Nick B.
Do C class property only attract C class tenants and what to do about it?
Hello BP!I keep reading on BP and elsewhere that renting to high quality tenants is the most important risk control a landlord can have. There were a few BP blog posts on this topic with the main idea that if you want...
Jim Growfer
if i buy a building at 5% cap rate at a discount, is it still 5%?
If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%. ...
Zachary Dosch
Abolishing Property Taxes
In North Dakota, there is a measure that is trying to abolish property taxes and I was just curious as to what everybody's thoughts are regarding this topic.
Im against against it because its a very poorly worded me...
Edna Salinas
sources of DSCR lending
New to DSCR loan. Does local credit unions do DSCR lending, or one must get it through broker or a loan officer? I am in Phoenix area, any suggestion of good source for that? Thanks.