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One of the real estate investors I work with most frequently came to me with an idea last week. His grandmother has a free and clear mansion in the Hamptons, NY. She offered to get a cash out refinance loan against th...
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Hey there BP!So, it has come to the point in time that I want to begin offering up opportunities to invest with my company. I don't need the loans, I have cash to work with and banks willing to lend me money pretty mu...
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Hi folks. Wife and bring in an annual combined salary of 600k (Net). I have been earning this salary for about a year and expect it to be the baseline for 5-7 years. (My spouse just landed her first gig and is project...
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This started out with me trying to do something nice for my tenant! LOL... I was going to replace the carpet in 3 bedrooms, and replace the tile in the kitchen, right after she signed a new lease. However, my installe...
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I recently heard on a BP podcast you can BRRR on a new build. I familiar with the process but how would it differ from a regular BRRR on an existing property? How would you run the numbers on this? Anyone that has don...
I want to rent to my applicant of choice but when I called to approve her as the tenant, she informed me she couldn't move in on the date originally discussed. While I was calling references and vetting her, she ended...
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For all you Condo & HOA managers out there:(a) What are the three biggest challenges you face in successfully managing your properties and (b) what strategies do you use to meet the expectations of the Board (sinc...
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BP - The word on the street is the Fed is Dovish on interest rates. Thoughts on ARM financing (7/1 ARM) for the short term, and then possibly refinance to a fixed rate (once the fed cuts rates) in near future and lock...
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Daily Inquirer!Why Rental Properties?When it comes to investing, twenty-somethings should prioritize rental properties. Rental properties, in addition to being essentially inflation-proof, also improve in value over t...
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I'm interested in comparing fees with other areas of the country when it comes to the management of smaller multi-family units (anywhere from 5-50 units). What type of fees are you guys getting for the buildings you o...