Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
When I did an online search for commercial multifamily lenders, most have a minimum lending requirement of $1M and I don't need that much.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.
James French
Private money club with Chris Naugle
11 December 2024 | 12 replies
I just can't find ANYTHING online that isn't from Chris or his team.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
I don't care what anyone online says if you live there and have tenants at your home it will be a job.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Another option you will see online are companies selling shares to sections or lots of trees via a tree plantation management company.
Jeremy C.
Leasing Broker career path
7 December 2024 | 1 reply
Review their online financials/annual statements.
Sham Haile
Notice required for a landlord to give to tenants when selling off-market (WHOLESALE)
7 December 2024 | 2 replies
I just looked online and saw that in Seattle for months to month lease the landlord is only required to give 20 day notice.
Kyle Jacques
What is the best software for managing STR?
7 December 2024 | 15 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Denny Knapp
How do i know how much the rehab will cost?
7 December 2024 | 14 replies
In my experience, most of the online calculators are just taking an educated guess for you.