Jake LaRoche
Where should I buy materials for my rental?
5 July 2024 | 5 replies
When you get flooring there's people sitting at the computers in that specific area, so that's usually where you make large orders.
Dante Anderson
Invest in America or Overseas
9 July 2024 | 8 replies
When I used to buy single family I captured equity upon purchase.
Dave Meyer
Door count is a terrible metric. Please stop using it.
7 July 2024 | 89 replies
Many posts are often divisive since people can’t get past context (I’ve been guilty of this at times myself) - and replies are often not helpful because they don’t address an OPs specific need since every opposing idea is offered.
Chris Foti
620 Tahoe Street - Co-living House
6 July 2024 | 1 reply
Purchase price: $410,000 Cash invested: $150,000 Sale price: $665,000 This asset was purchased along with a multifamily community as it was on the neighboring parcel.
Tony Smith
Wholesale in NYS
5 July 2024 | 2 replies
Ask the attorney what the specific issues are regarding the title and abstract besides "waiting on it".
Nathan Gesner
Do you support reusable credit checks?
8 July 2024 | 18 replies
It sounds more like the applicant purchases the credit report and gives access through the credit agency to the landlords who have to accept it if it is less than 30 days old.
Jamall Lynch
CaPex Budgeting Costs
8 July 2024 | 20 replies
I’d like to also reinforce that accounting for capex in purchase underwriting is also very important.
Cindy Young
Minimum Rent to Price Ratio
5 July 2024 | 2 replies
I cannot find this information on BP - if anyone is aware of specific articles on this topic which are on the site (I have pro membership), please advise?
Dulce Davis
Opinions on Blanket Mortgages
3 July 2024 | 7 replies
**Limited Lender Options**: As you mentioned, finding lenders willing to offer blanket mortgages can be challenging, especially in specific regions like Texas.Considerations for Your Situation:Given your portfolio of 5 SFRs with varying mortgage balances and property values, a blanket mortgage could potentially help streamline financing and leverage your equity for further investments.- **Risk Management**: Assess the risk of cross-collateralization and ensure you have contingency plans in place for potential property underperformance.- **Alternative Strategies**: Continuing with delayed lending (refinancing after repairs and tenant placement) has its merits, allowing you to build equity and stabilize cash flow property by property.Please feel free to DM me.
Tony Nuttall
Section 8 leasing
3 July 2024 | 1 reply
The lot was purchased cash and the house will be built cash as well.