Jacob Dame
How People Acquire Over 10 Properties a Year
What in the world am I missing out on? Look at this article: http://www.businessinsider.com/college-dropout-bui...This man dropped out of college after his sophomore year (I'm starting my junior year) and began inves...
Jess Aranda
New Investor From VA
My name is Jess Aranda married family of 5. Im a new investor from VA concentrating on buying homes in Winston Salem, NC. I know I am a distant investor as of rigtht now but my wife and I decided to invest in Winston ...
Pat L.
Easy fix for Basement Humidity & potential mold issues
I read about this idea on a self help web blog some time ago but can't remember where so hopefully it won't be a copyright issue.We have several rubble/hand dug very damp basements so I tried it in what I consider the...
Amanda Sutherlin
What’s your magic emergency/oh crap/oops it’s broken fund per house?
$3K? $5K...$10K? How much per house do you set aside for an emergancy, evections, something broke?
Jordan Archer
Question Regarding Reserve Accounts for Syndications
Hi BP,When using syndication to purchase an investment property, I understand that you would normally pay your LP's between 8% - 10% preferred on their investment, and then split the excess (somewhere between 50/50 - ...
Andre Taylor-Domville
NY ERAP Program application issues
Hello All,
I have been having a very long struggle with the NY ERAP (emergency rental assistance program) and was hoping someone had some experience in successfully dealing with the program. For some context, my tena...
Justin Donohue
Move Out/Security Deposit Return Letter
Does anyone have a sample letter that they send their tenants after they move out? This would be the letter that you send them along with their security deposit that you may or may not be returning in full.
I...
Eric C.
Cash-out Refi, then 1031 Exchange
My investment condo has been in litigation against the builder for construction defects for almost 4 years and finally settled last month. I'm wondering if I will have problem doing a cash out refi now (LTV is <45...
Jeff Trevarthen
Typical reserve requirements?
I'm just getting into property management as my mortgage business has started to slow down over the last couple of months.
For those of you in property management (or even landlording), how much cash reserves...
Solomon Floyd
BTR Success For Tertiary Market
Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $65,000
Cash invested: $165,000
This deal was one of my first ground-up construction projects. It had tons of issues f...