Kirk Johansen
1st Multifamily unit Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Killeen.
Purchase price: $280,000
Cash invested: $70,000
4 plex comprising of 2x 3br/2ba and 2x 2/1ba.
What made ...
Rodney Hunter
When should I refinance ?
Hello Bp, I wanted to know how soon after you finance a property it would be appropriate to cash out refinance? I was given a 4.3% rate and in Florida the market is saturated and I don't have a private investor as of...
Jose Reyes
Zoning Variance in Los Angeles?
I'm currently negotiating a legal 3 unit property in LA. Corner lot. 2 attached units facing one side of the street and the 3rd unit is completely detached, fenced and facing the other street (corner lot). My question...
William Bowers
What so you use your “cash account” for/ what do you use it for?!
how should you use your cash account? What do you use your cash account for?
I have 6 units 5 long term and 1 STR. Im starting to see a decent amount of cash flow (average is a little less than 10k) I pay some utilit...
Michael Brown
Generic property management agreement template
Does anyone have a generic property management agreement template they would be willing to share? To we refinancing a property, and the lender wants to see a formalized PM agreement in place as part of their underwrit...
Mwazanji Sakala
Investment Advice
How and where does one find an appropriate advisor with regard to investing. Specifically on the following:
Creative ways and options to fund investments
Types of properties
How to get the appropriate edu...
Fabiola F.
Syndicating as co-GP. Am I asking too much to JV w/ my investor?
I have an interesting deal on the table to join a pretty significant multifamily syndication as a co-GP for 1,000+ units at a price tag of $130m+. Financing is in place as is an institutional equity partner. My positi...
Julio Caceres
College student wanting to invest
Hello everyone!
I need your opinions :)
I'm 20, I have little to no experience in Real State. I have read Rich Dad Poor Dad and I'm half way though Cash Flow Quadrant. (These books are changing my mindset/life like ...
Michael Lenahan
Cobbs Creek - BRRRR Strategy and Execution
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $52,000
Cash invested: $40,000
Analysis : https://www.biggerpockets.com/calculators/shared/370773/3...
Stephen R.
Overbudget penalty for contractors
I recently decided to add a deadline penalty for a contractor that does not meet their agreed upon project completion date. Would a budget penalty be appropriate as well?I know many contractors will underbid a project...