Jonathan Jordan
Financing a condo with +50% rental rate
Hello all,Looking for ideas for financing a condo where the complex has a greater than 50% rental rate. We were originally going to do a conventional mortgage, but were told that, "When purchasing a condo, one of the ...
Priti Ag
STRs and MTRs in condos in the Bay Area
Hi All - I know that in general it is a good idea to avoid HOAs for STR/MTR rentals. In the Bay Area, most HOAs actively restrict less-than 30 days rentals in CC&Rs, and can have % rental caps on units which may m...
Chris M.
Electric bill difference between 1st and 3rd floor in Florida 🌞
I found a nice apartment complex and the floor plan I like is on a third floor. In Florida the AC is running 49 weeks out of the year and for the majority of the time you’re home and want the temp to be comfortable....
Josh Stack
Market CAP Rate - Gastonia, NC
Morning,Does anyone have any experience with the prevailing CAP rate for small multifamily in Gastonia? I've done a bit of googling and not found much. There are three properties for sale on LoopNet and it seems lik...
Maria Lugo
Financing- I need a creative way to come up with down payment
Hello Everyone,
I found a multi-family complex I want to purchase in Florida. I need to figure out how to make the financing work for me. Any suggestions?
Thank You
Brian Reinholz
One Multifamily, Mixed LTR & STR Rentals
Hi, none of the STR discussions seemed to hit on this exact point. I'm looking at some properties that are fourplexes or two duplexes on one lot. I want to STR (vacation rent) one unit, while using LTR on the others. ...
John Warren
South Bend Property Manager
Good morning fellow BP members,My business partner, @David Dawodu and I are under contract on a 19 unit apartment complex in South Bend, Indiana. We are trying to find a property manager for the complex, and thus far,...
Charles Williams
Pensacola lead...need some local help
I have a solid lead on a property in Pensacola Fl. As I'm here in NC, I'd like to partner with someone local that has utmost integrity and honesty to possibly move this into a closed deal. I'd prefer a wholesaler wi...
Shawn Rana
Auction advice
Hello all,Came across an opportunity I was hoping to get some thoughts on...I currently own one rental property in a condo complex. I just learned there is another unit going up for auction in the same complex. This...
Account Closed
Generate More Monthly Cash Flow???
At this point my wife and I are just throwing ideas out there, and then researching them down their respective rabbit holes. We're trying to think of ways we can generate more monthly cash by offering "services" to ou...