Chris Montgomery
Separate Bank Accounts For Each Property?
Howdy,
Newbie to the forums and a relatively newbie investor.
I have two rent houses and have separate bank accounts for each one (one is shared with my sister, 50% each). I'm wondering, as I buy more single-family r...
Serena Bales
Kansas City Super Bowl Win influencing the Kansas City housing market.
The Kansas City Chiefs' triumphant victory in the Super Bowl not only ignited celebrations across the city but also sparked discussions about its potential impact on various aspects of life in Kansas City. As the city...
Account Closed
Who here invests as an LP in ground up multifamily construction deals?
I am working for a sponsor who is raising capital for 2 ground up multifamily development projects. One is in DFW and the other is in New Braunfels. It seems like though they are great investments, though there are no...
Vadim Babets
Unacceptable quality of painter contractor
Hello BP I’m building new construction house, hired painter bid was 15,800 and I buy all material, I paid him 8,000 when job was 80% complete, now I look and horrible quality, they did not putty nail holes on Millwork...
Alex Heidenreich
Buy and Hold Duplex that needs some Rehab
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $123,000
Cash invested: $31,000
Contributors:
Remington Lyman
Buy and Hold that needs some r...
Sheltocks M.
Should I pay the water bill to close this deal?
Hi BP Family:I'm in contract for a house in Trenton NJ. The title search shows that the water bill is outstanding for 2K and the water to the property has been turned off by the city of Trenton. The appraiser has a co...
Solomon Rosenberg
LP's, Something to look at in the monthly reports
As an LP, an important thing to look at on the monthly reports is the net income. I'm not just talking about the NOI, which is surely important. To assess the health of an investment, you should also consider the net ...
William Costello
Multifamily builders address home builders in today's market
Housing demand has outpaced supply for years prior to the pandemic, and demand has only increased since then. Compounding this problem is a materials and labor shortage, such that now, building more housing is more ex...
Jeff Sullivan
Hazard insurance and sub 2 transaction
Recently closed on a sub 2 deal. What's the best way to ensure I am protected by hazard insurance without bringing transaction unwanted attention by the mortgage company.
Chirag Shah
PM With Realtor vs. Professional Company
I am purchasing a property (4-plex) roughly ~1.5 hours away that I want to hire a PM for. I have interviewed a few, and have found my own realtor and a professional company as the most responsive and with the most ast...