Kevin Guyden
Debt To Income Ratio Too High
Hi BP family,
I am new to BP(Both the podcasts and websites/forums) and I am a fairly new investor from the Houston Texas area. I bought my first Single Family Rental in 2014 and sold it In October of this year. It w...
Matthew Shay
Investment criteria for buying Apartment Buildings
I am interested to hear different investment criteria that people have for multifamily properties. I know that this is a subjective question. Some of the metrics I want to know about include cap rate, COCR, IRR, DSCR....
Jenny Gremillion
How to determine value of a commercial property without appraisal
I just found out about a commercial property in my area that is for sale by owner. (Family friend is selling). The building is prime property in our town. The building has the potential for 4-5 tenants- hair stylist...
Ali Hashemi
Best way to use 401k to finance a property
I own a fully leased 8 unit multi-family and am looking to purchase a 12+ multi-family in 2018. I estimate in my geography I can find what I'm looking for for around $750,000 or less.My bank is hard and fast on requir...
Chad Rupp
Underwater rental property. Keep it or short sell it?
I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
Austin Schneider
Buying a cash flowing condo that can't be financed in the longrun
Hello! first time poster and new-wannabe real estate investor. My question/situation... I have an opportunity to purchase a condo -- but it's in a complex that's "cash only" because banks don't fund in the complex due...
Rebecca Salazar
Networking in Maryland
Hey guys! So it seems the lack of meetups happening right now and the motivation I have to network are working against each other. Investing FB groups in Maryland seem pretty hostile, especially when a new investor ho...
Matyas A. S.
Do you look closely at DST PPM-s yourself?
I have reviewed several PPM-s for DST-s. I wonder what do others look at closely? I usually do look at:* Property location, business plan, environment. Main employers? Is it a growing area? Personal prior knowledge or...
Robert Rixer
The Long Term of Multifamily
I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
Josh Mayfield
Guidance on Duplex Purchase
I'm in Spokane, WA and like many other markets, single and multi-family property prices are high. I purchased a duplex last year that was priced about $20k less than similar properties ($385,000). I admit that I was e...