Hello fellow Investors. I recently bought a 2 duplexes deal in cleveland Ohio. 2 of the units are occupied with tenants with lease ending soon Less than 2 months . I self managed and I live out of state. I decided n...
Hey all,I’m not sure if it makes sense, but I have a property I flipped which I think will make more sense as a STR, but I don’t want to manage it as one at the moment -does it make sense there will be investors willi...
I get this question all the time....How can I save money and make sure I am the most profitable. While I can give you my speech on the importance of a good management company, making wise investments, etc I believe, i...
Hi BP folks,Lets say I like to make a deal on MF unit that have cap rate of 8% and If qualified for Freddie Mac loan that will let me have 75% LTV but then can I have the remaining 25% from hard money lender (but non-...
There’s a property I’m cosidnering purchasing. It has a tenant for the next year and a half. I’ve calculated for various annual expenses such as cap-ex ($800), R$M ($800), vacancy 5%,, etc. it’s built 2014. In a decen...
Hi, my name is Cody, and I am a real estate agent in the central Kentucky area. I have always yearned to dive into real estate after reading Rich Dad, Poor Dad, and decided to make the jump and get my real estate lice...
'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
I am in a similar situation. I've been in what I would almost call analysis paralysis on deciding which model to pursue.
I want to jump into a bigger deal, a deal potentially involving syndication. Is that the righ...
Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
I took my first step and bought a SFR in Indy from a wholesaler. It only needed minor rehab and would then rent for $800. Things were going very fast and smooth and I was excited. However; after only 10 days of owning...