Jeff Moore
To sell or not to sell 16 unit apartment complex
Hi Everyone,
I have a 16 unit apartment complex that I currently owe $490,000 on. I cash flow after all expenses plus 10% Capex, 5% repair and 5% vacancy about $70,000/year. I have an offer to purchase for $1,300,...
Curtis H.
Should I cash out refi Texas rental?
Hello BP Nation,
I have a rental in Austin area with about $130K equity in it that I can't get a Heloc on because Texas laws on non owner occupied properties. I get a decent $400 per month cash flow on it, but it's ...
Carlos Oliva
Pros Versus Cons
Commercial vs Residential. I understand residential financing, buying & selling, but I often hear there is more money to be made in commercial, but don't understand much.Should one start by finding a commercial le...
Derek Fike
Vacation Rental Condo in Gulf Shores/Orange Beach AL
Hey Everyone,I hope everyone is having a great weekend! I'm looking to purchase a condo in Gulf Shores or Orange Beach, AL and am curious if anyone has any experience in the ST vacation rental market in that area? It ...
Trae Robrock
How to find market rates for hard money
I'm about to have some cash that I plan to be lending out as hard money, this isn't something I've done much in the past and was curious if there was a good resource for finding what a "market" rate is for hard money ...
Benjamin Geleris
To scale quickly or utilize a large project
Hello,I am looking for some advice, as well as some potential people to work with. I am currently living in the bay area of California and have been searching for a primary residence over the past 8 months with no lu...
David Masterson
What makes this a decent deal (for buyer and seller)
Hi Guys,I'm thinking about posting a deal and wanted 2nd opinion on numbers. Property is furnished 3 bed 3 bath beach front on FL Gulf (Alligator Point). - Property is currently operating as STR with ~ $75K bookings Y...
Jon Schwartz
Reasoning behind reversion cap rates?
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
Matthew Cain
Best states to buy rental property
I live in San Diego and would like to buy property outside of California due to it being so expensive and tentant friendly. Does anyone have any advice on what city and state to look into? Looking to buy multifamily o...
Douglas Johnson
House Hacking with large negative cashflow, can it make sense?
Hi all, I am a resident of Salt Lake City and I am going through major listing sites trying to analyze deals while I save up and increase my earning potential in order to invest in real estate in a few years. In my re...