Ted Klein
Figuring Expenses on Multi Family Properties
I have been analyzing many deals in the Puget Sound region and am having a hard time finding deals that make sense on the MLS. I am using the BP rental property calculator for my analysis and am allowing for everythin...
Ellie Perlman
How We Increased Rents by 29% During COVID
As a value-add syndicator, we've all had to face some very tough decisions with the impact of COVID. I've noticed that there are basically 3 main concerns we've all shared in trying to navigate our investment properti...
Scott Simmons
Assuming a VA loan true a Subject to
Good evening I have a property I am looking to assume but I can't due to DTI. I know I can extract cash flow from the property even though the interest rate is not that good i can still cash flow some money and refina...
Tony LaCoste
VA Loan on Multi units
Hey BP members,Can you exceed the VA loan limit when buying more that one unit (duplex, 3 plex, or 4 plex). I have heard it both ways... so I am trying to find someone who has actually bought a multi family unit that ...
Debbie Barrows
Is there a way to assume a distressed homeowners mort.in WA state.
I would love to know if there are any loopholes to do this . Wa state has very strict laws when it comes to buying distressed property. It's a shame really because with the government rules and regulations homeowners ...
Mike Schorah
What’s a better business model for initial contact? Door knocking or direct mail?
I assume that you can make a pot load of money with door knocking, but it’s tougher to scale than direct mail.
Rushil Gulati
Looking to invest in Akron, OH. Advice Needed!
Hi all, I am looking to invest in Akron, OH. I am looking in the zipcode 44314 which is Kenmore. I had a few questions and would like to know from people around the area:
1. Akron has a decreasing population. Is this...
Jonathan Farber
Is it possible to do owner financing on property with mortgage?
Pretty straight forward ask but the term "owner financing" is thrown around so much. I have heard some people say it's not possible if there is still a mortgage. I've heard other people talk about assuming the curre...
Dan V.
Will you buy a duplex with multiple fire damage?
Hello BP community, there's a duplex across my mom's house that has been vacant for a while. Last year, I saw some people worked on it and then soon after it got caught in a fire. According to my step-dad that house g...
Riley Holt
Can I rectify this $8,000 mistake?
Hey all,
I’m a long time lurker, first time poster. My business partner owns 26 rental properties. I recently took over managing the properties about 3 months ago. We have had a storm of turnover lately with a lo...