Michael Angulo
New investor looking into SFH in TX/AZ area
26 November 2021 | 13 replies
BP is full of great content, so I strongly recommend you to have a look at the following resources:1.
Nathan Wierzgac
8-unit commercial refinance advice
22 November 2021 | 9 replies
Luckily, Fayetteville is non-rural, so there's a good chance the Lender will find sufficient comparables to warrant a strong value.Regarding the seasoning period to show NOI for a cash-out refinance, the Lenders I've encountered typically compare what the rents collected are vs market rents, and usually go off of the lesser of the two.
Bojan Rajkovic
Appraisers Turning Down 4plex?
21 November 2021 | 4 replies
Recently received an update from my realtor that several appraisers are passing on the building and 1 in particular even called my realtor and shared information that he shouldn't have, such as: inquiring if there is a relation between myself and the seller, agreed numbers are strong but shared it will not appraise for what I'm paying and to reconsider me being in the deal and use the appraisal as a reason to get out of the deal...really odd and the realtor agreed.My question is, why would appraisers turn down the 4 unit building and why would that particular appraiser share so much and then not be the one to do the job?
Mathew Kuhn
Your Multifamily Investing Challenges
22 November 2021 | 7 replies
Based on the comments, it seems like knowing how to hire right and bring in a strong team is one of the key pieces to getting all the areas you mentioned taken care of effectively.
Gordon Hee
Higher end rental market viability?
14 December 2021 | 3 replies
Hi @Gordon Hee The Orlando rental market is virtually always vert strong.
Nikki Yankowski
North Alabama Snap Shot
28 December 2021 | 5 replies
The rental market is strong because there aren't enough quality homes for buyers to purchase and many who migrate here for work are relocated with short notice so they don't have a year to wait on building something new.
Kyle Winey
Buying Out-of-State, Judicial Sale in Central PA
30 January 2022 | 5 replies
@Kyle WineyI’d strongly suggest if you are a newbie AND long distance, do not try to buy at a judicial sale.Learn the process for tax delinquent properties.
Isaiah J Aragon
How do YOU Screen for your Markets (specifically out of state)
8 December 2021 | 14 replies
Take natural disasters into account (more hesitant to invest in areas were theres lots of hurricanes, tornados, fires, etc.)CURRENTLY, i've weeded it down to about 20 states Im curious to know how others conduct their research to build strong bias for a specific market.
Soheil Naimi
Home prices will rise another 16% next year according to Goldman
22 November 2021 | 12 replies
Originally posted by @Soheil Naimi:Majority of the data I see and hear about is indicating 2022 to be positive for real estate.I think most of 2022 will be strong, but beyond that, it just can't continue.
Champ Leong
THANKSGIVING: Time to reflect upon my why.
22 November 2021 | 0 replies
I have a strong desire to help other people not live an ordinary life.