Sean McCluskey
Do you ever walk away from a BRRRR?
Hey BP!I have a question I'm noodling over, and wanted to see what you think.Do you ever walk away from a deal that you believe you can BRRRR? I'm looking at an REO in Indianapolis, in a solid C-area, that would likel...
Eric Berkner
Investing in low cap rates, how does it make sense?
In the portland metro area, like most areas now, are low cap rates, near 4.5%. Mathematically it doesn't make sense to invest, however I am comfortable in this market and I know it very well. I'd be nervous dumping se...
Charlie Moore
Should you change your application criteria based on the market?
If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
Account Closed
Where do you invest for cash flow in Colorado Springs?
I'm a Bay Area investor but am bullish on Colorado Springs for a number of reasons and researching the market for potential investment. I'm primarily focused on long-term, buy and hold, cash flow investing preferabl...
Account Closed
Buying my first small multifamily
Hi,
I have been working for the past 5 years to purchase my first deal. I have been paying debt, saving money for DP and CC. I live in Orlando and I am having difficulties finding a quad for less than $665,000 that ...
Jason Flint
Buy an investment property without paying higher interest rate?
I wanted to post this because I don't think a very high percentage of investors are aware of an option they have to get a much lower interest rate when they buy or refinance investment properties. (We have been invest...
Joshua Nash
How.do I estimate repairs?
Hello, BP! Does anyone have an idea how much they would estimate a full gut and renovation of an older 4 Bed 2 Bath home would be? Located in central NJ. Just under 2000 SF. Lower middle class area with similar homes ...
Ryan Taylor
Rate differences...is there a huge one
So... a CFL being a Mortgage Banker offering the rates of that specific bank...and a Mortgage Broker being someone that shops for the best rate...that being said...if I am correct...what has been the difference in per...
Joy James
Is it legal and ethical to ask 2 agents?
One agent who we have history would list lower than we are comfortable with. She claims it would not appraise for our asking price due to comps in the area though our rents are higher than the comps. The other seems m...
Carlos Arjona
MF property analysis
Hello and hope you’re all having a great week!I’ve been speaking to several experienced investors in the commercial MF space and for the most part when we talk about analyzing numbers on a property they always mention...