Posts by Eugene Beckles
House Hacking 101
What Is House Hacking? House hacking is a term used to describe renting out a portion of your primary residence, either as a long-term or short-term rental. It’s a great way to make passive income, unlock financial freedom, and live in your dream home while still being able to afford it. House Hacking a Single-family Home…
Read MoreTenant Estoppel Certificate: What to Do When You Inherit Tenants
Attribution for this article goes to TurboTenant What is a Tenant Estoppel Certificate? Finding the perfect tenant for a brand new investment property is a top priority for landlords, so what could be better than purchasing a home that already has tenants? As great as an immediate cash flow seems, buying a tenant-occupied property does…
Read MoreHow Multifamily Borrowers are Adjusting to Rising Interest Rates
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries. Bendix Anderson | Jul 14, 2022 With the recent rate hikes from the Federal Reserve, borrowing costs for multifamily assets are rising as well. This is disrupting sales…
Read MoreWhy Rental Properties Are Still a Good Investment When Interest Rates Rise
One of the most valuable tools rental property investors have in the U.S. is the 30-year fixed-rate mortgage. Surprisingly, this style of mortgage is very much an outlier compared to what’s typically offered in other countries. Most countries tend to offer adjustable, variable, flexible, or renegotiable rate mortgages, all of which pose an inherent risk…
Read MoreHome Appreciation vs. Inflation Since the ’70s
Home Appreciation vs. Inflation Keeping Current Matters says that rising inflation puts a pinch on the wallet and makes you reevaluate any big purchases you may have planned. They point out that potential homebuyers are probably wondering if they should continue down that path or if it makes more sense to wait. While the answer depends…
Read More3 Reasons to Invest in Real Estate During a Recession
This is a reprint of a Bigger Pockets Article By: Remen Okoruwa Remen Okoruwa is the co-founder of RentDrop, a payment app making rent payments more convenient and rewarding for lan… Investing is a game of winning or losing, defined, most of all, by economics. Of course, we never truly know what direction the economy…
Read MoreSmart Apartments
People have a growing appetite for innovative technology in all aspects of their lives that is influencing decisions ranging from the phones and cars they buy to where they choose to live. Demand from a more tech-centric consumer has launched a new generation of “smart” apartments. Some of the common smart devices popping up in…
Read MoreFive Requirements for Identification of Replacement Property in a 1031 Exchange
What are the Rules for Identification and Receipt of Replacement Property in an IRC §1031 Tax Deferred Exchange? Martin S. Edwards, J.D., CES® 02/23/22 In a typical Internal Revenue Code (IRC) §1031 delayed exchange, commonly known as a 1031 exchange or tax deferred exchange, a taxpayer has 45 days from the date of sale of…
Read More5 Ways a Rental Property Makes Money and Why You Need To Know All of Them
This is a reprint of a Bigger Pockets article: By Ali Boone If you’re anything like me, you grew up believing rental properties were inherently profitable. Within that belief, you likely didn’t know how they made money, just that they did. Well, in this article, you can learn precisely how rental properties make money. Overall, they…
Read MoreWhy Is Inflation So High? Why Was 2008 Different?
This is a reprint of a Bigger Pocket Article J Scott J Scott (he goes by “J”) is an entrepreneur, investor, advisor, and author. There’s a lot of uncertainty surrounding the economy, real estate market, and the role of inflation in the economic environment. When it comes to inflation, it’s important to identify how we…
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