Steve Muise
Clarification on cash out refi when there's an LLC
Here's an answer I got from a lender when I questioned the rules for a cash out refi on my rental I recently deeded in to an LLC. I thought this may be helpful for others:In regards to the question about seasoning. T...
Michael April
partnership issues with owner occupied property
How do you handle situation where you are partner on rental property. Your partner has 2 family members out of three in the property. How do you decide on rent for the two family members before determining expenses ...
Stephen Seaberry
Discounted Cash Flow Analysis
Hey BP,So I am reading What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli, great book so far. However, I'm really getting hung up on the concept of Discount Rate. In the book he uses 10%...
Richard Haiber
Discounted Cash Flow Analysis
Quick question on discounted cash flow analysis for anyone who has any input on the topic.Say we are dealing with the following hypothetical scenario:T12 Actual Income: 1,000,000T12 Actual Expenses: 475,000T12 NOI: 52...
Mon Kaaaaaa
Lease purchase with investor
We are relocating and prefer to lease before we commit to a home. We found a home that is in a good area and available for lease with an option to buy. The monthly lease price is great and the deposit is less than oth...
Chris D.
Newbie Buying First Property - Yes or No?!
There is a bank owned house that is at $110K. It will need about $35K to fix (new siding, plumbing, kitchen, all interior paint, misc. repairs). It will also have to get financed through a 203K loan which means the...
Dale Degagne
Reasons for Rent Abatement?
A mobile home park I'm looking at has rent abatement of around 3% of the lot rental income on the T12 (tapering off to around 1.6% in the last few months). What are some common reasons for rent abatement in parks and...
Garrett Pettit
Orlando area rent/buy opportunities
I’m a recent graduate from Houston moving to the Merritt Island area to work for Blue Origin! I have been looking for places to live, and am open to purchasing outright (so if anyone has anything nearby or in Orlando ...
Mark S.
AirBnB: Credit Card Charged Month in Advance
I booked an AirBnB in about a month. I noticed my credit card was already charged for the amount of the trip even though it's a month away. Can they do that? Doesn't seem right.
Nathan Gesner
Strategies for leasing or selling College residences
If there's a better place for this, please let me know.I was speaking with a local two-year college. They have a housing area that's losing money. They can't afford to renovate units so they sit empty. Occupancy level...