Chanise P.
Loan Officer and Real Estate Agent, No References....?????
Hi All,So i found a real estate agent and loan officer thru bigger pocket referrals and was ready to meet with them.....until i asked for references AND both hit me with what I feel to be a lame excuse. "I can't give ...
John Hamilton
Syndication strategies the work or might not
I’d love to hear some syndication strategies you guys use regularly. I am referring to pay out strategy/schedule, preferred returns, strategies to avoid, mistakes, refinance periods, uncommon splits, length of the hol...
Daniel Grandfield
Calculating Amortization for EBITDA
I was trying to determine the unlevered free cash flow for a property and was wondering how to determine the amortization that you are suppose to add back into the equation. Below is the equation.
Unlevered free cash...
Greg W.
Alexandria, VA contractor recommendations
Hello,My wife and I purchased a house in Alexandria and close at the end of the month. I'm looking for recommendations for any of the following contractors:ElectricianWood floor sanding and finishingAsbestos tile re...
Shawn Ryan
Converting single family into triplex using 203k
Hey Everybody,I have a house that my family member owns and wants to sell to me. This property is currently zoned as an RSA-5. I have a few questions that I'm trying to get answered. The property is a 3 story row home...
Jerry Poon
Portfolio Loan vs. Mortgage on Investment Properties
I have the impression that portfolio lenders give loans based on the performance of the properties. While I was speaking with my personal bank, they said they could offer better rates in the form of a traditional mort...
Garrett Crosby
How to figure out which lender to use
Hi Everyone!Every day I've been taking steps in purchasing my first property for my portfolio. I've interviewed a few agents and feel like I've landed on a team that I'm comfortable and excited to move forward with. T...
Pete Sailhamer
Mortgage Agreement for a Private Lender?
If I were to purchase a property solely with private lenders (say 3-4 different individuals) using debt financing (i.e. I own the property and they are the 'bank'), in addition to the Promissory Note should I also sig...
Mary Jay
Lease non renewal in Florida
Hi guys,I have a tenant in Florida who is on a month-to-month lease and I texted her yesterday that the lease wont be renewed and she needs to leave by June 11th of 2023. The tenant was a good paying tenant, but we wi...
Christina Swaby
What are your "qualifications" for a tenant?
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...