William Powell
Bank and Loan officers suddenly go silent
Good good credit, 6 properties paid off with plenty of equity. I went to local bank president and spoke with them everything sounded good. I told them that I wanted to do a cross collateralized line of credit so I can...
Puneet Sharma
PM asking for 50% of Rent for New Lease and 25% for Lease Renewal
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Sam Deb
Brrrr method question?
So I’ve been researching the brrrr method, and have found it very helpful, I’ve learned that you can refinance almost immediately using hard money lenders. My question is why does it take so long for people to reach 1...
Patrick Britton
Is building a spec home less risky than flipping a fixer upper?
I have been looking at spec building since the early summer and cannot seem to find the same level or amount of risk associated as with fix and flips. It seems that because nearly all of the costs are known well in a...
Emmanuel N Okafor
Extra eyes needed on a 46 unit apartment deal I am analyzing
Hello,I am trying to buy my first apartment complex. I currently own 11 single family rental properties. I did an interest-only cash out refinance last month and pulled out $914,000 that I want to use to buy an apartm...
Edward Perkins
Chris McClatchey Multi-famly Guru Beware?
Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...
Zachary Bellinghausen
Syndication Return Projections as a LP
In the early stages of looking into apartment syndication. It really has sparked my interest with possibilities as I am a slave to my W-2 job at the moment and this would be a more passive way to invest at this time....
Stephen Brown
Mid-Sized Multifamily Investors
Hey Biggerpockets,
I'm wondering if there are investors that are primarily focused on mid sized multifamily like 20-80 units. I know there are a lot of people in the syndication space doing much larger deals but I'd ...
Sam Bates
Detail on a 48-Unit Property - Investing from Afar
It has been about 15 months since I purchased a 48-unit property in Wichita Falls, Texas. I want to share my story to inspire other BiggerPockets members and hopefully you can learn a thing or two from this acquisitio...
Kristoffer Bergen
Property Management Transition
Hey all.
I live in WA state and have several properties in surrounding Nashville, Tennessee that are managed by a very small property management company. After some recent not sitting well scenarios we want to go wit...