Preston Roach
13 of the worst S&P Performers this year are REITs
I was reading an article on another investing website that broke down the best and worst performers in the S&P 500 so far this year. The list of the 35 worst performers had a whopping 13 that were REITs. Not all o...
Justin Goodin
👋Organic Rent Growth is Dangerous
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.O...
Mark DiPietro
BRRRR question regarding appraisals
We are finishing up the rehab on a property and I have a general question about the appraisal going forward. I realize you have to pay out of pocket here, but, should we get an appraisal before going to refinance the ...
Chris Mandle
Attorney review red flags
I am in attorney review on a 3 plex in Newark NJ. This will be my first investment property. Couple things are turning me off and curious if I am justified:
1) Property is fully occupied, but the seller does not have...
Adam Rego
Cleveland/ Akron Rental rates
Good Afternoon Everyone,I am planning on investing in the Cleveland/Akron, Ohio areas and I was wondering if someone can help me with that. What areas are good properties to buy? What are the rental rates for the area...
Brad T.
Pennsylvania Wholesalers - How do you handle transfer taxes?
I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
Bill Rapp
Multifamily Where Do We Go From Here?
While the pandemic disrupted much of the commercial real estate market, it notably boosted the multifamily sector, driving demand for rental apartments, especially those with home office space. The period saw massive ...
Jackie Liu
Potiential Prospect with conflicting information on Application
Hello BP member, I'm currently doing my due diligence on a potential prospect, during my search of the prospect's current residence I'm finding some information that does not match what was on the application. For sta...
Marco Calderon
Unique deal with seller who owes more than property value
I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...
Forest Rainwater
Pre Rehab appraisal question
Question for those who have had pre-rehab appraisals done for financing a combined purchase/rehab loan. I know they're going to be estimating the ARV for once repairs have been done, but what would you supply the appr...