Jessica A. Smith
Chicago Rentals
Morning BP!I have a general question for those of you that have rentals in the Chicago area. How would you suggest going about selecting a good area? Do you aways look at school ratings or crime rate? Any websites you...
Jen O.
Newbie...need a lot loan
I've been listening to Bigger Podcasts, but am new to posting. We are buying a home and an adjacent lot. We need a lot loan. So far UFCU is the only one we found that allows us to put 10% down. I was hoping to fi...
Saurabh Kukreja
Help me Understand Cash Out Refi for next Property
Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpa...
Charley C.
cap rate values for office condo ?
I am going to sell an office condo with a business, and I want to figure out the value of the property part of the sale. This is near The Woodlands and the market rent suggest $23 a foot per year triple net with 2650 ...
Jed Leviner
First property funding
Does anyone have any recommendations for sourcing a HELOC? Some banks arent offering HELOCs right now and rates are all over the map. Looking for a way to get a few properties quickly without multiple applications.
Zulf H.
Investing in apartments in Indianapolis- Is the ROI good?
Hi BP members,
My portfolio is mainly in Chicago and I have been considering investing in Indianapolis as the prices in Chicago have been going up quite a bit. I spent my college years in Indianapolis and I think ...
Kari Morales
Determining market vacancy
How do you determine vacancy rates for a certain market?I am looking at buying my first multifamily property, however I am having trouble finding what the average vacancy rate is for the area I am looking. Any suggest...
Sylvia B.
Cap rates make no sense
I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
Andre Houston
Help on figuring out financing options without w2
Hello my is Andre Houston I have 2 rentals and a primary home I'm ready to purchase another home but I don't have a w2 job anymore I have about 60 to 70k saved up I wanted to try an do a brrrr basically put 20 or 15 ...
Anna Sam
Florida insurance rates are going up a lot. would switching brokers help?
I think this may be happening in many states. But I see that the insurance rates are going up. I am in Florida and that is the case for inland and properties in coastal areas. Personal home and rental properties . Tr...