Wondering what everyone's lowest acceptable cap rate on rental properties is in this market? 8% cap? 10% cap? More? Less?
I Understand that it more than likely varies, and is based on many different factors (type of ...
Hey BP!Right now I am in the savings phase of my journey and I'm about 1/4th of the way there. I'm taking the basic route which includes budgeting and living frugally to save up for my downpayment/closing costs/cash r...
So I've been looking at properties and I'm ready to start shopping for lenders. Any advice on who or where to look. Should I just Google commercial lenders, call the big guys (BOA, Wells Fargo, etc.) or go to my local...
I have a duplex (side by side). Side A signed a lease for 1 yr that starts Sep 1. They are inherited tenants. They are a couple, that's dating. The guy notifies me that he doesn't like her anymore and is wanting to mo...
My parents rented out the first floor of their bi level house in New Jersey to a horrible tenant and now they have asked my help in evicting this squatter. My parents did not make him sign any lease and only took cash...
How do I get my proof of funds letter from my cash buyer and what do I do if the agent or seller wants proof of funds before they sign the contract and before I can find a cash buyer
How do you determine what normal wear and tear is when giving a tenant their deposit back? I always have my properties cleaned and if needed, painted before a new tenant moves in. When they move out, the walls are al...
Hi Guys, this is my first post on BP. I am currently saving money for a downpayment on my (hopeful) first house hack. I have no prior experience in real estate and am currently using my time to learn and explore oppor...
Location Minnesota
I had a year lease with my tenants that I did not renew. Payments were to made on the first of the month with a 5 day grace period. I chose let them stay on a month-to-month basis as a ...
Hey All, would love to get your collective opinions on something. I have about 600 sq. feet worth of popcorn ceilings in a newly purchased property that I'm trying to figure out how to deal with. My options seem to be...