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8 December 2024 | 10 replies
Overall, it sounds like this whole thing stemmed from a communication or integrity issue that occurred at the loan officer level.
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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.
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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.
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12 January 2025 | 185 replies
I'm not into Sub2.In MN when using the SOS "fast-file" online system to form a LLC it states, CLEARLY but often missed by people, Single member LLC's are a disregarded entity and legally held as sole proprietor for all legal purposes.
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8 December 2024 | 8 replies
A lot of that is referral based or people find my site online, organically.
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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.
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10 December 2024 | 100 replies
In many states, approved sales contracts are available for free online (you'll have to learn how to fill them out or pay a lawyer to do it, recommended to at least have a lawyer review).
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2 December 2024 | 19 replies
One feature I love, is the Dropbox integration.
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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 😊
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11 December 2024 | 12 replies
I just can't find ANYTHING online that isn't from Chris or his team.