Dear friends,
In these challenging times, deepening our understanding of multifamily underwriting is crucial. As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns...
Found an off market multi family that a women wants to sell (she is elder and husband recently passed)
The duplex has two tenants but she noted they have been on month to month for years. Told me what they pay but h...
What up BP -Does anyone have a good letter of intent template that they would be willing to share?Thanks
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
Does anyone know of any places where I can run a background check on an applicant that doesn't have an SSN. They have a drivers license through the Mexican consulate, and permanent resident status (green card). Smart ...
Hi BP,First time posting. I am currently at contract for a 2 family. The house is set up as a two over two.Tenants currently in place and would like to stay.Property cash flows nicely and the rents are below market ...
Hi there, I have some experience leasing for a little over a year, and I haven't run into this particular combination of issues until now. Context: As is baseline standard for screening, I require all applicants to pa...
Hello All:Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA. My wife is conserva...
Hello BP!I currently collect rents in paper checks/Venmo but I am looking to place all tenants in the same place. What site/apps you guys found that works best? Thanks!
I found the following and thought everyone should read this:
Rights and Responsibilities of Landlords and Residents in Preventing Housing Discrimination Based on Race, Religion, or National Origin in the Wake of the...