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...
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...
Chris M.
Need to get started with investing in real estate but need direction
Hi guys, I've been thinking about investing in real estate for many years now but haven't taken any real significant action. To this day I still do not own a house. Part of my problem is that I'm self-employed in a ve...