Joshua Mccaffrey
What are typical Multi family loan terms
HI all,I am closing on a 9 unit "c" class property in SE Minnesota, and the price is 400k with about a 9% cap rate. this is my first deal the is not residential, what type of terms should i expect to see for this size...
Account Closed
Typical cost when determining max purchase price.
Hello BP,I am new to investing in the Kansas City, MO area and I wanted to know what were the percentages of buying closing cost, selling closing cost, and holding cost.Thanks, Adrienne
Heather Skowronsky
Typical finders fee for land development deal?
Hi BP! I would like to know what a typical finders fee would be for connecting a developer/builder with a property owner. The property owner is not going to list the property nor will they pay a commission. They ha...
Tommy Brant
What is a typical split within GP?
Hello BP!
Have theoretical questions. I'm oversimplifying a LOT here just for the sake of questions, and I'm curious to know how other people view this.
If we broke down the GP into two roles - fundraiser & asse...
Tyler Masar
Typical Expenses for apartment or multi-families
Hi everyone!I just got started with BP and am trying to practice analyzing deals when I find listings. I know these expenses definitely vary depending on specific situations, housing types, location etc, but would any...
Joel Zwemer
What inspections do investor purchasers typically order?
I have a contract on a single family residential property located in South Florida intended as a rental unit. It was constructed in the 1950s. I ordered a standard inspection and the inspection firm immediately reco...
Ryan Conklin
Typical pay for “boots on the ground”
Hey everyone!
I am about to acquire my first deal for a flip and I was going to approach my brother-in-law, also my agent, about being my boots on the ground. I am out of state and want someone to walk with contractor...
Horacio Gutierrez
Whats the typical average percent for rehab
Hello,What its a typical percent of the ARV for rehab costs on 1500 sqt single family home?
Frank Shaw
How much do property managers typically charge?
I have no experience hiring a property manager. How much do they typically charge? What are their primary reaponsibilities?
I believe their biggest benefit to a landlord is keeping it n top of rent collection and se...
Pedro Oliva
20% downpayment typical for an investment property?
I have been wanting to get into multifamily investments for a while now. The financing though seems to be a stumbling block and feel like it just takes all the wind out of my sails. Everything I keep reading is that i...