Allende Hernandez
Cash on Cash calculation question
Hi folks,Do you factor additional expenses related to the deal into your COC calculations? Ie. Commissions, Closing Cost, Lender Fees...etc?Thank you!
John Blanton
Cost for K1s for a partnership under 10 investors
I am working on getting quotes from a CPA for preparing K1s for a small partnership deal with less than 10 investors. 3 GPs and 7 LPs. I have been quoted $2500 by a local CPA, but some people have told me that seems h...
Orlando Ortiz
Interest Rate on a 800 Credit Score
BP Family,I've been trying to get a quote on a refi for my personal property with a mortgage broker, but it seems the interest is high. What interest rate should I expect for an 800 score?Thank You in advance for you ...
Graves Kelly
Private Money and Refi question
My partner and I are in the process of purchasing our 3rd single family rental property. We were approached my a private money lender who is close with our families. we were relieved because we were both running into...
Jared Sandler
Pain Points in the process
Curious from y'all what some of your challenges have been when working with a hard money lender for your investment property purchases and what elements are most important to you? Is it simple a numbers game and best ...
Gabriela Huayhualla
Condo or a single family house for my 1st time REI?
I live in Brooklyn, NY and prices here are high. I’ve been looking in NY and also in Miami, FL but I’m still debating if I should get an 1BR apartment (Condo) or a single family house. Any suggestions? I have 50K save...
Corey Chonsky
Property taxes in Florida
My partners and I are looking to purchase a large multifamily property in Florida. I'm looking for assistance on how property taxes are assessed and calculated. I reached out to some county tax assessors and didn't ge...
Jason L.
Determining Profit Share for Spec Home - Risk vs Capital/Other Contribution
Hello BP, I'm looking to build a spec home on a piece of land I own in a relatively affluent Bay Area neighborhood. I'm negotiating with a prospective partner who is an experienced developer/RE Agent in the area. ...
Michael Wolffs
Reference check on NYC mortgage broker
I'm trying to get a mortgage on my triplex. I was referred to a mortgage broker in NYC, and I've been working with him. Before I get to the point no return, I wanted to see if anyone here knows him, and has worked w...
Lisa Beard
Multi-Family Property Manager
We own and manage 5 short term rentals, but are thinking about diversifying into multi-family. My question is, when you make that move, who manages the property? Is there a third party company who can provide maintena...