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Results (10,000+)
Sanjeev Advani Bascom Group Acquires 249-Unit Multifamily Property in Bakersfield for $56.6M
5 September 2024 | 0 replies
With occupancy rates consistently above 95%, Old River Place is well-positioned to meet the growing demand for rental housing.Bascom plans to upgrade unit interiors and enhance the property’s exterior and amenities, offering affordable yet desirable housing.
Brian J Allen Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.
Meghan Begue Transition from W2 to full-time REI-- Starting a Property Management LLC?
7 September 2024 | 7 replies
Lastly, if you're considering a career change or starting your own business, it will be difficult to qualify for a mortgage until you can show stable/consistent income.  
Pamela Grant International STR TV streaming options
5 September 2024 | 4 replies
If you do use a roku/firestick/smart TV, is there a quick way to log out when doing turnover without resetting everything (and losing WiFi connection) or having to manually look into each streaming platform (Netflix, Hulu, Disney,etc) and signing out?
Cameron Scheuer Career advice - potential next job/career move
5 September 2024 | 4 replies
I have been working with a platform management company for about a year now and want to expand my horizons and learn other sides of the industry.
Jeremy D. House Hack Montgomery County, MD
6 September 2024 | 9 replies
High demand in those locations pushes rents and prices consistently higher year over year, access to commuting and metro reduces vacancy, much more demand for room rentals south of 200. 
Andrew Steffens Question for PM's, Self Managers
4 September 2024 | 13 replies
.- Pricing software w/ live revenue manager- Smart Lock software- 24/7 Guest Communication via platform, voice, text, email.- 24/7 Communication with owner or PM staff for maintenance or cleaning issues. 
Anthony Blanco Proven Methods for Raising Capital
4 September 2024 | 10 replies
I know there are investment platforms where sponsors can connect with investors, often at a premium, but I’m curious about other proven methods that don’t involve purchasing a list of accredited investors.For those of you who have successfully raised capital, what approaches have worked best for you?
Crystal Mendoza Property manager for long term rental
6 September 2024 | 8 replies
I personally run a property management business with a small portfolio of properties consisting of my own and a few other investors' single family homes. 
James McGovern Exploiting other Real Estate Investors
5 September 2024 | 4 replies
@James McGovernI guess everyone on this platform who invests in real estate is greedy.