Mark Caramanna
In need of a good rehabbing proposal software for a 10 unit building
Hello,I have 10 unit 10,000 square foot apartment building that I have acquired in need of complete gut rehab. The good news is I have a lined up a lender to fund the majority of the project. Currently I am scouring t...
AJ Wong
High proportion of vacation rental and MFR sales are 1031X Exchange Transactions
In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flo...
Amy A.
Are $1M+ commercial loan terms better?
I am looking to expand my portfolio into bigger multifamily properties out of my area. Right now all of my loans for 5+ units are with a local bank. They are around 4.5% interest, 5 year fixed with 25 year amortizat...
Bryan Mills
New Member - FL panhandle
Hi everyone, I joined BP in the last week or so. I don't have much of a background in real estate in particular, but have always been interested interested in investing, finance and business. I have a finance degree...
Greg Stetz
Estimating closing and sales costs accurately?
Whats a great way to find out sales and closing costs before you buy a property? I have calcs to use but how do I get tighter numbers?
Jordan Greek
Appliances - pros and cons of providing
As renter, the units always had appliances. I never thought twice about it. Now as a landlord, I’m faced with a decision to provide appliances or let the renter provide them. To define appliances, my scenario calls fo...
Matt Knobloch
Security deposit return
I’m in Pennsylvania. My prior tenant is threatening to take me to small claims court over my retaining part of his security deposit. I have a couple questions. Is a text message considered written notice?Do I need to ...
Jocelyn Evans
Greetings! From a newbie!
Hello I am very new to this site and extremely excited to have come across it. I am a Canadian living in Allen Texas and have been in the US mortgage industry for several years. It has been a long running dream of min...
Jimmy Watson
Carbon Monoxide Poisoning
As I was out shopping today for my current project in Dallas, I got a call from my sister telling me that her and my mom were being taken to the hospital due to carbon monoxide poisoning. The average reading insid...
Joseph Waitkevich
Renting units in a rough area
Hi All, my partners and I purchased a property in a less desirable area a couple years ago. Since letting go of some problem tenants we've had struggles renting out the vacant units as potential tenants sign up for un...