Justin Goodin
Underwrite difficult multifamily deals with these 7 easy steps
Hey BP fans! I see a lot of discussion here about commercial multifamily underwriting and questions around this topic. If I had to narrow down commercial multifamily underwriting into 7 steps, here's what I would say....
Chris Laino
BRRRR Financing Question
When performing a BRRRR, can you take out a bank mortgage to finance the project or does everything need to be done with just cash, and why?
Jack Gibson
need a referral for a 1031 Exchange company
Has anyone found a good 1031 Exchange company that they can recommend? Solid track record, dependability, trustworthiness, reasonable fees, etc. thank you!
Jesse Jochim
Establishing Rental Rates in Empty Market
So I am finally ready to jump in and buy my first single family rental property. There is a city about 30 minutes from downtown Minneapolis with property values that fit my financial strategy ($180,000 - $350,000 appr...
Alex Chamberlain
Should I Even Stain My New Deck (BRRRR Property)?
Hello!I'm trying to decide whether or not I should hire someone to stain the new deck at my rental property.I recently completed a BRRRR and part of the rehab included completely rebuilding the deck. The new deck was...
Nicholas Jose
Lost rental income: use reserves or insurance?
Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
Ryan Davis
New MLO - Prospecting for Business
Greetings BP family,I recently passed my SAFE Act exam and am ready to begin building my book of business as a mortgage loan officer / originator in Virginia!My question for experienced MLO's out there is, what are so...
Marc Shin
Should I get extra insurance outside of Aircover?
Question - besides my homeowners policy, should I also get additional STR insurance outside Aircover? Does Aircover actually cover broken/damaged household items? If a guest destroys my place, how do I get reimburs...
Account Closed
Math/Finance
What's the connection?
I was at a graduation recently where the commencement speaker announced future plans for each of the Math graduates as they received their diplomas. As I expected, many were headed to ...
Joseph Waitkevich
Baselane, Landlord Banking
Hi all, I was doing some research today on good banks to use to open a business checking and savings account for an investment property. I came accross Baselane, wondering if anyone has used it before and what they th...