Rich Hupper
Commercial Loan for my first multi
Hi BP famI am about to close on a multi I am buying with cash ( first income generating property for me ). After I fix it up and get my tenants installed I want to get a mortgage and pull most of my cash out. Would it...
Yaro L.
Union City NJ Multifamily outstanding violations
Deal fellow BP'ers, I am working on a "as-is" multifamily deal in Union City NJ. "Buyer is responsible for obtaining CO & Smoke detector certs" is the language in the contract. I've never deal with Union City NJ...
Harlowe Thrombey
Why would any Landlord fail to prohibit the use of subwoofers?
Subwoofers (audio speakers dedicated to a powerful bass reverberation) are an inherent menace to anyone near a person using one. They reverberate through walls at long distances (up to 2/3 of a mile at full power.......
Matt S
$ set aside for rentals= survival
in general is there a rule of thumb when it comes to how much $ to set aside for each rental property. $ that would be used for repairs, to cover late rents, etc...?
I have a tenant who is now late 2 straight months...
Rod Joseph
Washer Dryer - Who is responsible?
As a landlord, should I offer washer/dryer in units or should tenant bring their own? I bought unit with washer/dryer already in it. Now am I responsible for repairs need for those appliances? The lease doesnt ment...
Scott Ellis
FHA 203K - Need to explain "downgrading" from SFR to Triplex
Checking if anyone else has gone through this while house hacking.My wife and I have a triplex under contract near our primary residence. We're currently renting 2 of the 3 rooms in our primary. Our plan is to conve...
Daniel Kaplan
Multifamily Underwriting Process
Hey everyone!
What is the best way you guys have learned to value multifamily properties(4+ units) through the underwriting process?
Lisa Mathews
New member in Lincoln, Nebraska
I've been lurking and learning for a few years now and finally joined BP. I live and work in Lincoln, Nebraska. Four years ago, I bought my first property: a four-plex in the downtown area. It's been a great house hac...
Dave Kuether
Lease strategies regarding appliances and pools
2 questions for everyone: how do you manage your appliances in the home like refrigerators, microwaves, dishwashers, etc? Do you have language in your lease to help hold the tenant accountable? Do home warranties act...
John Chen
Deal analysis - Thoughts on two NNN single tenant properties
Hi Everyone. I'm trying to learn more about analyzing commercial properties so wanted to get the community's thoughts on the following 2 NNN single tenant properties:I understand both properties have low cap rates but...