Sam T.
Any investors in Realtyshares/IIR "New Jersey Multifamily Fund" ?
I had made some investment to this fund when it came from Realtyshares(now IIRR). IIRR identified it as Tier 3 fund and coming up with a new agreement with the sponsors where our invested funds would be blocked till J...
Vladut Bujoreanu
Deal analysis software on a grand scale - help
Hey Everyone! So I need some help. My deal analysis all started with a simple excel sheet I started. It was all going great, I was able to analyze everything in depth and understand the numbers to everything. As my in...
Chris Meadors
Are Wholesaling Franchises a Scam?
I’ve just learned about the existence of wholesaler franchises, such as HomeVestors (the Yellow “We Buy Ugly Houses” guys). The numbers presented to me seem too good to be true, especially when using an already traine...
Matthew Keaton
Heating Multifamily Property
We are turning a large single family home into a five unit apartment. The single family home had a propane furnace but I don't want to use 1 furnace for all units, and it doesn't seem like adding 4 more furnaces is th...
Aaron Smith
Utilities
Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
Rodney Wideman
Best St. Louis area banks for investors
Hello all I'm wanting to know what bank everyone uses/recommends to buy single family homes in the St. Louis Missouri area. I have been using Southern Commercial Bank on my fist house with a LOC since I started but t...
Jay Fitts
Deal with Multi Dwelling units and Investors
I am pretty new to all of this, but I’m very interested in getting into real estate in the next few years. Just taking time to learn as much as I can. I plan to eventually get into larger investments such as apartmen...
Nate Marshall
It's time to move on past the antiquated HARD MONEY and HARD MONEY LENDER terminology
To end the confusion once and for all we need to put a cold hard stop to using the terms of hard money and hard money lenders. Private Money can be lent by individuals and institutions. The hard money industry was the...
Zach Schwarzmiller
Raise Rents OR Split Utilities?
Greetings,
I owner occupy a Tri-Plex in Snohomish County near Seattle, Washington and have been there for 60 days now. I've had enough time to get to know the tenants - previously poorly managed by Century 21...
Steve T.
Roommates and multiple applicants
How do you deal with two (or more) unrelated people who want to apply to rent a propertytogether? I live in a military town and there are a lot of single people who want to share a unit together.