Account Closed
Are investors keeping prices down?
We all stress when we flip properties to buy as low as possible, do the work right, and then price 10% (or whatever your prefer) under the competition on the market. If investors continue to do this, we will be under...
Ethan McRae
Taking on an ADU in MA now or later?
With the new Affordable Homes Act , come Feb 2nd 2025, you can build an ADU by-right and also use the ADU as a long-term rental in Massachusetts. Said differently, you won't need a special ADU permit to create an ADU....
Aaron Raffaelli
DSCR Loan for a first time REI
As the title suggests, I am just starting to enter the REI world. My first deal looks like it will fall through because the bank doesn't like my work history. (4 months as a union electrician, which the bank considers...
Samuel Bavido
Look into your crystal ball with me! (self-driving cars)
Transportation is on the verge of the greatest shift since Henry Ford. Most car manufacturers are shooting for highway driving to be automated by the early 2020's, and fully automated in all situations by the 2030s. W...
Joshua Elizondo
Raising rents on long term tenants?
I wanted to get some opinions on bringing rents up to market value. I’m closing escrow on a 4 Plex next week and there are two long-term tenants who are paying $995 per month. They have both been there for over 5 y...
Rivy S.
How do wrap around mortgages affect my DTI
Hi,I am trying to understand how doing a wraparound mortgage will affect my ability to get more loans. My rentals with regular mortgages on them add to my income (rent *.75 - payments). But with a wraparound mortgag...
John Umphress
Looking for buy-and-hold MF in midwest or southeast
Howdy! Been lurking here for a while to pick up some data/observations on different markets. In the process of selling a commercial property here in Austin and looking for replacement property. (Austin has become a...
Scott Long
Newbie strategy question & Account for Alexandria VA Rochester NY
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Rich Weese
Just accept it – we're going broke!
http://www.deseretnews.com/article/765606100/Reclaiming-Americas-social-compact-through-entitlement-reform.html?pg=2
I hope people will take time to consider this article and the charts/graphs that are in it. Those t...
Sergio Altomare
Financing/organization structure
Hi Everyone,
I asked a similar question to this the other day, but didn’t get any response so let me try and clarify it a bit.
My girlfriend and I are interested in starting a real estate investment company to buy r...