Mike M.
Utility usage confirmation in Texas?
I am looking at two rental properties for purchase. I called the electricity supplier for one and was told that usage information is not available unless my name is on the account, with the reason being that it's a T...
Greg L.
Cap rate compression
I invest in an area where it seems that cap rates are compressing. There are many commercial properties selling for cap rates around 5-6% which will simply not cash flow with debt. Typically, banks appraise these at...
Jordan Hanksion
A quick list of questions to ask the banks
Hey guys!I had a quick question for you about shopping around for a bank. What is a quick list of questions you can ask a to make a determination if that bank is for you? I have made a short list of qualifiers for mys...
Ethan Bruland
Creative thinking
I'm looking at a 6plex for sale in my area. Asking price is 334k, and I offered 299 with a counter at 325. I then offered 310k with owner financing of the down payment. DP will be 62k. I think it's under rented s...
Robert Carpenter
Realtors/Banks vs FSBO/Creative Financing
Does anyone happen to know the percentages on traditional vs 'creative' real estate sales and traditional ( bank ) vs creative ( options, lease options, seller financing ) real estate financing? I'm curious ab...
Tony Hoffer
Legally a DUPLEX, actually a TRIPLEX
Hi BP folks..I've been noticing in Cleveland quite a few Triplexes for sale but are on public record as being a *Duplex*. It seems the city has looked the other way on many of these for years.My questions are:- Has a...
Will Fraser
Flip now has a title issue: what would you do?
Hey BP fam!I've been slogging through what WAS my first flip for nearly a year now (same old story here -- hired the wrong person, made other bad decisions, blah blah) and we've finally righted the ship by getting a s...
Micah Le'Gare
Small apartments NYC
Hey BP Community,Please excuse my naivete, but I have a question that could use some illumination; I live in west Harlem and have plans of investing in multi-family/ small apartments in the area. Yesterday I decided t...
Charles Loughin
Low income investing... not section 8
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $49,500
Cash invested: $63,000
Buying multi family buildings below market value for the highest ROI while st...
Nate Fournier
Mass Save Program for Investment Properties
Has anyone gone through the Mass Save program for their investment properties? How was your experience? If you haven't yet, how come?