
6 October 2024 | 5 replies
Ensure that the projected rental income from the multifamily property comfortably covers these expenses, along with any potential vacancies or maintenance costs.Interest Rates and Terms HELOCs often have variable interest rates.

6 October 2024 | 1 reply
Partner 2, providing repair and renovation skills, can be compensated either through being paid for their work or through a similar equity split, around 20-30%, while still reflecting the value of their expertise and labor.Partner 3, who brings the capital, usually covers down payments and renovation costs, which justifies them receiving a larger share of the profits, often in the range of 40-50%.

8 October 2024 | 11 replies
Often overlooked but understanding the tax strategies the syndicator plans to use should be part of the vetting process.

5 October 2024 | 20 replies
It's often cheaper, more space, and more freedom for the students, so once they realize that in the dorms freshmen year it's a no-brainer.

7 October 2024 | 5 replies
In one of the cities I work you can actually go thru the FOI requests and often pull the excel link to lists already created for others.

6 October 2024 | 1 reply
Off-Market Deals: Building relationships with local brokers, real estate agents, and wholesalers can provide a steady stream of off-market deals, which are often less competitive and offer better terms.5.

6 October 2024 | 1 reply
You can also directly use the BP Marketplace to find potential JV partners or buyers, which is a great way to connect with people who are already looking for investment opportunities.In addition to online forums, attending local real estate meetups and conferences can give you face-to-face interaction with potential partners or buyers, which often builds stronger relationships.

9 October 2024 | 17 replies
While there are risks involved with building-like cost overruns or delays, these are often more manageable compared to the potential hidden issues in an older home.

6 October 2024 | 8 replies
Data geeks like me get into this stuff, but often find it consumes time and has little or actually negative economic value if your manager is already doing it.

5 October 2024 | 1 reply
This can help reduce the principal more frequently, which means you'll pay less interest over time compared to just making monthly paymentInterest Savings: Bi-weekly payments often result in more interest savings over time compared to a single large annual payment, as the principal is reduced more frequently.Flexibility: If you have a good year financially, making a large principal payment can give you flexibility, but it may not be as effective in reducing interest if the loan has high monthly compounding.If you're looking to pay off the loan sooner and save on interest, bi-weekly payments are generally more effective.