Jake Booher
Tenants Pay Utilities
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
Craig H.
What's a good cap rate
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
Christian Brodin
12 Must Knows for Your Property Management Agreement
In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
Wendy S.
5.25% Interest rate on investment property
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.
Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Alec Sithong
Advice on buying rentals, flips or loaning out cash?
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
Kevin Greene
Help getting started as a private lender
Hello everyone!I am looking to get started lending out of my IRA. I looked into note buying, and while I really liked the idea, it seemed like having good access to notes was key and I don't have that.Right now I'm at...
Sunny P.
Sell me why would you invest in real estate over another business
so I am all for real estate but I want to see what you think about this:You come across a $1 million in investment properties, you put down 20% and take a loan for $800,000. Now you have $200,000 of your money tied u...
Holly Jackson
Landlords: What would it take to get you to allow pets?
(Myself and the slightly disheveled dog that's causing all kinds of grief as we rental house hunt)Hi, everybody. My husband and I have been looking to rent a house in the Seattle area. I am a dog owner and I am findin...
Ryan Copeland
Closed on 1st Investment Property!!
My goal for 2020 was to purchase 2 investment properties. Well, I didn't get 2 properties, but I did get 2 doors on my 1st deal.
Yesterday, December 30th 2020, I closed on my first investment property which is a du...