Pablo Mendez
Buying neighbor's house private party... several questions.
My immediate neighbor had listed his home for sale $250K in Abita Springs, Louisiana. It was on the market for two months, was pending but buyer backed out. I am strongly considering purchasing this home. I spoke wit...
Tashinga Musekiwa
Best investor friendly brokerages to work for as a new agent
Hello fellow agents and BP family,
So I’m about to take my real estate exam some time within the next couple of weeks so I can start my journey as a real estate agent. I am currently seeking advise on which brokerag...
Joshua Diaz
First purchase after a long road
Hello, BP Family! At about 5:30pm on November 9, 2017, I have officially closed on the first property in my life. If you had mentioned this happening to me about 3 years ago, I would have laughed it off. Back then, ...
Srividya R.
Looking for financing options for buying rental portfolio
HiI have been a landlord for about 7 years with 5 properties procured slowly over the same time. I now have an opportunity to buy a portfolio of 10 properties (about 2.5m) which I am evaluating. My first concern is wi...
Joshua Nackenson
DSCR for Value-Add
I'm curious how banks looks at DSCR for properties that are value-add. Specifically, a property where there is not any significant cap-ex, simply gross mismanagement.
ie. The market is NOT over-saturated, but rents a...
Wes Wong
Starter MultiFamily - Phoenix / Atlanta / Indianapolis?
Hi BP Experts and Community,
Newbie here looking to invest in Multifamily (Dup/Tri/Quadplex) rentals for cashflow. Currently contemplating on which market to start, especially with the current climate (i.e. rising ra...
Tommy Cheng
Using Simplisafe as Airbnb Smart Lock
Does anybody have any experience using SimpliSafe Smart locks for their STRs? I know it's possible to add guest codes. I have extra SimpliSafe locks and wanted to put it on my ADU for STR reasons, but they're never li...
Gabriel Hamilton
Second-Home Loan on a Multifamily Property?
Hey BP Community!I'm scouting properties in upstate New York and found a great duplex. It has an existing long-term tenant in one unit and I plan to STR the second unit. My question is: can I get a second-home loan on...
David Babayev
Value add opportunities in NNN?
In commercial multifamily, value add opportunities may allow for a cash out refinance that helps cover the downpayment towards the next property. In this way, people scale their portfolio probably more quickly than th...
Henry Liu
what to do with 200K
I am about to sell my bar property and will net 200K after smoke clears. What is the wisest thing to do with it? I want to invest in another property but can't decide on what. I have done flips and am 2W-2L(broke even...