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.
Jc Bustillos
Why isn't my Airbnb listing getting views
Hello all, I need some guidance on my listing I have had for 4 years now. Over the past few months it's really not getting many views? I have adjusted the price daily, changed the main page pic and tried making list...
Jamaal Smith
My monthly tax payment increased by a $600
Hello,I hope this message finds everyone well. My monthly tax payment on my 4-plex went from $1200 to $1800. It is located in Irving TX and is owner occupied. I am also a veteran if that is relevant.I was told I neede...
Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Christopher Herrera
My house won't sell for the price we want
Hello BP community. So we have a house that was flipped and put for sale back at the end of July. We had an offer in August but after the inspection report she backed out. It was nothing major just a lot of small easy...
Shaival Patel
CA senate bill SB584 imposes 15% tax on STR
Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation? It seems bone crushing high for guests. If you were a new investor in CA market, this tax will lower your occupancy r...
Bryan Hancock
Have One ARM in Your Loan Portfolio?
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
Myles Allen
How to analyze a deal for multi-unit?
Hello everyone, I'm sort of new in buying multi-unit properties. My client is looking to widen his portfolio in real estate and love the idea of multi-unit, considering that he will just rent out the units and not sta...