Chris Boling
Cincinnati Property Manager
2 January 2025 | 11 replies
Do I receive video of my pre and post make ready?
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Understanding your top priorities can help in determining whether Stessa, Baselane, or another tool might best fit your needs.If you're comfortable with apartments.co for rent collection but want higher yields on your cash (this is me reading between the lines) you could have the transfers go into a high yield business account like BlueVine 1.5% interest or something like CapitalOne 3.9%.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
The last thing you want is to have a home run deal that theoretically should be a high-profit flip but is ruined because your contractor screws you over in some form or fashion (late deadlines, inaccurate scope of work, etc.).
Maria Murphy
Develop, then sell and/or rent?
12 January 2025 | 2 replies
About me, most of my assets are RE but in another market so I would be diversifying in that market.Potential for appreciation is very uncertain: prices have risen a lot locally lately and are as high as they have ever been, and it’s unlikely higher prices would be affordable by locals.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
If you want to quote out high efficiency boilers for six Tripple deckers for example requiring installation of separate gas, meters etc. etc. - that might be a situation where you would want to work with a contractor directly because you would have lots of different options with widely varying costs.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
here are just a few:-interest rates and prices both remain high. this has really hurt cash flow across the board.
Kris Kempe
URGENT Wholesale question
8 January 2025 | 1 reply
Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee?
Scott Weston
Highlands Cashiers Market
23 January 2025 | 11 replies
This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
The rates are high right now but these loans are limited based on cashflow so you cant take a loan that costs more than you're receiving in rental income.