Leslie Bernal
Obtaining "certified" financial documents
We are new to the multi-unit investment idea. We have found a property and want to get a true copy of the important financial documents. The listing provided some spreadsheets that listed rent amounts and a few expens...
Seth Parmelee
New construction multi family expenses
Ok guys. Have a question about new construction projects. My mls has a brand new just completed development for sale. Have an investor I’m looking for things with and I think this would fit. It’s 20 units with asking ...
Shane Stevens
What documents should I ask for at first property walkthru (Im going in 40 minutes)
I am about to meet the real estate agent and a owner of a 4 unit property for sale.This is the first time I have ever acted on potentially purchasing a multi-family and want to ask for all the correct documents to be ...
Shannon Brill
Utilizing Profit First for REI - lump rental LLCs $$ together?
Hi BP members!I've recently been introduced to the Profit First for Real Estate Investing methodology and I'm excited to implement it! HOWEVER...I've always been told that I need to have separate checking/saving acco...
Noel Y.
Understand large rentals in Detroit /Memphis / Houston/ GA/VA
HiI plan to buy larger (10+ units) investment properties in these areas:-Detroit/ Memphis/ Houston/ Chicago/ GA/ VA What do you think about these cities or states?I like Detroit but i heard people are leaving. So, I ...
Tom Goans
Business Plan More Important Than Numbers
The business plan is more important than the numbers, this is my experience.
Here is why I feel the business plan is more important. A property may have stellar numbers. Yet, if the target market is not there, now wh...
Drew Brock
are sold prices on zillow accurate?
I was looking at comps around my primary residence and noticed the sale price on zillow was actually my total amount financed (sale price plus closing costs). I saw one house a few doors down that sold for quite a bit...
Robert Mack
20-50 Unit Apartment Building #'s
I am trying to add onto the financial part of my business plan and had some questions about apartment buildings.
My plan is to purchase a 20-50 unit building in 2-3 years with profits I make fro...
Jasraj Singh
How to analyze rental properties and work there numbers?
I am always a little bit confused about how to work numbers in rental properties. I've read a lot of BP blogs and articles and I now know a little bit about it. There are so many ways and formula's and things like ROI...
Bradley Jernigan
Steps that helped me cash-out refinance twice within 2 years!
Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...