Greetings,
In general is it possible for a loan's terms to state that its subject property may not be rented or leased, and that doing so warrants new loan terms including a new interest rate? Appreciate any anecdote...
So I have a very basic question. I have a rental that I'll be charging 700 per room to rent, this is going to included all the utilities. That being said can I install a programmable t stat with a lock box?
Hello fellow BP Investors and landlords.
we all experience from time to time tenants that don't pay on time. After adding a lot of properties in the rochester NY area to my portfolio in the last 2 years, it is becomi...
Hi everyone, I think this is a fairly basic question, but maybe some of you have experienced the same when you started out. I'm trying to determine how out of state investors get a good sense of the rents you could e...
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
I just did this and now I am unsure about it - rented to a new tenant at a rent lower than what I had been getting. The unit had been unrented for some time. The problem is, now it'll be a while until I have the ren...
I am considering offering on a duplex on the same block as one I currently own. The two properties are nearly identical... 2/1 on one side and 1/1 on the other.My units rent for $1,100 and $900, respectively. The ren...
Hi,I found a property in Bayonne, it's 5 small units, asking price 610K. built in 1930, Tax 15kLot 2700, it's under rent control, expected total rent around 5k, need some minor modification.it's attached on one side.a...
Currently I am looking at a 4/1 SFH (Low Income Housing/Section_8 Rentals) where the bedrooms are all accessed from one after the other. Has anyone dealt with this and what do tenants think. Doe this deter renters?
So California just approved statewide rent control, capped at 5% year over year rent increases over inflation. Governor Newsom will likely sign it. Not sure about the mechanics of how this works when buying rental pr...