Jarred Smitb
money for reserves to purchase multifamily house
ok so I'm ready to purchase my 3rd multifamily home and the problem I'm facing is I'm about 6k short of my reserves. the mortgage company said I need 6 month mortgages for all 3 multifamily home and my primary.I was w...
Steven Dreyer
How would you analyze this deal?
So I'm still starting out and wanted to see how some others analyze their deals. I'm just practicing and not looking to buy this one but if it's a good deal then go ahead and take it! I know it's extra work on top of ...
Andrew Hasson
Simple Buy and Hold Condo in Connecticut
Investment Info:
Condo buy & hold investment.
Purchase price: $180,000
Cash invested: $40,000
Just a simple Condo, yes you have to pay the condo fee, but they take care of the property so you don...
Shachar Avraham
How do you make additional income on your property?
Hey BP! Do any residential property owners here generate extra income through placing ads (like in medium sized OOH billboards) inside their buildings like in the common rooms, mail rooms, laundry rooms, elevators, et...
Derek Snyder
How much to take out of security deposit for drugs + damages
Hello all,This past week, I had a renter move out who has been great until now. After he moved out, we noticed a few things wrong. First, the whole apartment smelled like pot (illegal in Indiana), then we found some o...
Joel Owens
House contract issue
Okay so nothing exciting. I am helping my brother-in-law buy a house. I haven't looked at residential in almost a decade ! LOL
I only do the commercial side of apartments and triple net. Wow have so many things chang...
Brandon Ingegneri
I do not know how to break up my business into smaller entities.
My partner and I currently own what essentially amounts to a number of rental properties, a construction company, and a property management company all under 1 LLC. What we are looking to do is have several LLC's est...
William Donaldson
Verbal Acceptance of Offer: Owner-Financing Questions
I recently made a verbal offer to the seller of a SFH that was accepted. This is my third purchase, but the first time I will be utilizing seller-financing to acquire a property. To be perfectly honest, I expected t...
Brandon Lancaster
Conventional MAPS for R.E.I & Obtaining through AAA Auto Ins.
So Iv been Searching for A Detailed map of my Area (& other areas) for some time now.With the Conclusion of ' A pretty Basic Map, although Detailed down to the "Side Streets" Etc...Seem to be very Costly, I Starte...
Asher Carr
WHY OWNER FINANCING?
Hey everyone,I am curious to know how do you get a seller to understand the benefits of owner financing/lease purchasing when presenting an offer. I find that I don't have a smooth way to explain how it can benefit th...