Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...
Hello,I am looking at purchasing my first rental property in the Cleveland area. I currently live in San Diego and can’t go conventional route until I get a W2.Can I get a DSCR loan if I have never owned a home in the...
Hello BP World,I am buying my second property which actually is a duplex. (Congrats). Thank you. I have a separate bank account for my first rental because I am taking the advice from Brandon's book on growing your...
Dear BP members, I started my journey Oct 2021 and am about to close on my 3rd property next week. BP helped me start the journey and I have come a long way.
In my journey I have learned a lot and here is what I wan...
Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
3 Years ago we wanted to grow our funnel of interested investors. Now we have investors pouring in to place holdings from $50K to $500,000 or more per person. We now screen over $18B of commercial real estate assets, ...
Hello! Does anyone have any suggestions for banking and/or accounting solutions specific for STR management companies?Would love to know how others in this space have their banking setup (specifically for trust accoun...
“Never invest in a business you cannot understand.”
– Warren Buffett
One of the best things about passive investing is that you are not the one doing the day to day work. Maybe this has been your chance to work o...
Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I am remaining confident in my numbers/reserves amidst the current conditions and ...