I'm finding banks have a maximum amount they will loan on a primary home Heloc.. So, I'm thinking it may work to get 2 HELOCs from different banks. Say I have a primary residence that is worth about $1,500,000 and i...
From my understanding, NOI is calculated as follows: NOI = Total income - total operating expenses
I am finding some contradicting information regarding what should and should not be included in operating expenses. M...
I just bought my first rental in Cleveland, OH, and I keep hearing people say, “make sure you go downtown to get approved” or “take the landlord seminar”.Can someone please give me some more specific advice on this? I...
I wanted to update everyone regarding some Section 8 information I received after the program with LMHA yesterday. The initial term of the lease for Section 8 tenants is 1 year, no exceptions. After the first year, ...
Hello Friends of BP,
I have recently been given the opportunity to purchase an off market single family property in a prime college rental location for below market value. I am still a novice real-estate inventor, ju...
I moved into an apartment about a year ago and national grid was still underneath the old tenants name and National Grid said they cannot take the previous tenants name off and could switch it without her permission. ...
I have found some properties in my target area (Bergen County) that seem to be abandoned / dilapidated. I have skip traced and had no luck getting usable contact information ( on two separate platforms), they are eit...
I saved money up for a down payment for an investment property, but I can no longer obtain a loan due to changing industries for my new job. Would it be efficient to put that money in a self directed IRA? And do peopl...
Does anyone know anything about these type properties and what are the Pros/cons? It doesn’t sound like something I would be interested in but I just don’t now enough about it. Any help appreciated.
Hi BP friends! Looking for a good building inspector in the Berkeley or Oakland area, any suggestions? (This is for the inspection period during escrow) Any suggestions would be great!