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Results (10,000+)
Sean Gallagher Taking over an existing lease with addendums, RBP, BPP.
4 January 2025 | 11 replies
I would have to get with the property manager and mimic the exact plans they have set up in the lease, all of which were probably customized by the PM to get a few extra dollars.  
Ricky Smith Advanages of setting up a separately run management company?
13 January 2025 | 3 replies
From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!
Jordan Laney PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
You keep saying they should have monitored it and minimized extra costs.
Llamier Guzman First ever investment property!
6 February 2025 | 2 replies
Credit pulls for the same type of loan within a short window (usually 14-45 days) are treated as one inquiry, so your score should be fine.
Kyle Carter How to build a out of state team
7 January 2025 | 8 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Krystal Lozano Multifamilies in Pennsylvania - Should I?
6 February 2025 | 4 replies
If you have a 20 year timeline, I'd probably recommend B areas closer to the city or in the better school districts in the suburbs for the highest combined ROI over that time period.Right now you can expect to find decently turnkey multis for about $60-$125k/unit usually all at least hitting the 1% rule in that range.
Benjamin Ying First time investor needing some confidence!
5 February 2025 | 54 replies
@Benjamin Ying1) Waste of time unless you are buying hundreds of units.2) Any option to minimize risk is usually a good idea.3) Always better to visit an area before investing.
Alex Lee 203k Loan Considerations
5 February 2025 | 5 replies
Using a 203k, you'll usually have quite a bit of equity that in 1-2 years you should be able to refi out of the FHA loan product into a conventional removing the MI associated with FHA loan products. 
Jeremy Torres Buying a quadplex
7 February 2025 | 13 replies
Many of them treat the home as their own and stay long term.Multi's are nice because they generally produce more cash flow, but do require some extra attention.
Walder Javier Has anybody worked with Rehab Financial Group? (Hard money)
5 February 2025 | 5 replies
Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.