Andrew Varney
Problem with Septic / Drain Field - any experience?
Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...
Saritha Reddy
Inadequate SD and Incorrect Home Inspection reports
I bought my first rental condo back in February/March, and just now realizing the gaps in how things were identified to me both by the seller/realtor and the home inspector recommended by the Seller agent. Besides rea...
Pete Harper
Seller reluctant to share financials
The seller for a 12 unit complex I’m looking at has been refusing to provide detailed financials. They sent a flier with high level figures but the numbers don’t look right. This is student housing and sell says the m...
Katie Panzica
Options for financing when DTI is high
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
Patrick Britton
Appraisal on +5 units
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
Anthony Joseph
Starting Out and stump on the next steps
Hi everyone, Its been a while since I posted something on bp. I've been doing a lot reading and learning from all the resources on the website. This site has given me the confidence to make the plunge and start up ...
Diane Davis
Cost Segregation Analysis on a 6-plex
Looking for advise on how to select a company to perform a cost segregation analysis on a 6 unit apartment that I purchased in May of this year. Property is located in Dunedin, FL in the Tampa/St. Pete area. One loc...
Sterling Fields
To bookkeep or not to bookkeep?
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...
Jade Davis
Using a VA to find motivated sellers
Hi all! after doing a bit of research, I think I want to outsource the locating of leads to a VA through Odesk or Freelance. Can someone please share with me what it is that you have your VA do to locate motivated sel...
Sara Malka
Estimating Rehab Costs
Hello frinds.. im a foregin investor, looking for my first one in the Orlando/Tampa areas..
I want the groups wisdom on what will be best way to figur out my rehabe costs, when analyzig a deal.. (befor a contractor i...