Jamie Rose
To brrrrr commercial multi family
Has anyone here done much with applying BRRRR strategies to commercial mf? Asking for a friend ;)
Kristen A Froelich
Remodel-to increase home value
Hi! We're doing some remodeling to help increase our home value with 2 goals in mind1) Do a cash out refinance to get a downpayment for our 1st investment property2) Turn this house into a long term rental in 5-10 yea...
Raj G.
Need help with below clause in private lending agreement in NJ.
What are pros and cons of below clause in private lending agreement from Lender's point of view.I never saw such clause before. Thanks10 new Development LLC, A new jersey limited liability company.
This certifies tha...
Jorge Abreu
Expectation Alignment 101: Nurturing a Fruitful Investment Partnership
Managing investor expectations. The goal here is to align with investors and educate them about the benefits of long-term strategies. By setting appropriate expectations, we can ensure a smooth and successful investme...
Isaiah Tademy
Real Estate Professional Status & Taking Losses Against Full Time Income
Hello BP Community,I'm a bit stumped. I've talked to several investors and my CPA and am getting different answers. I am a full time insurance agent with a relatively high income, and my wife got her real estate licen...
Daniel Dube
Cash out Refi to purchase another
I currently have 2 properties with 23 rentals. They are cash cows with good interest rates. I net about 14k/mo thanks to 3.9% Interest rates. I want to increase my portfolio, but not sure if it makes sense. I have fou...
Ellie Narie
Should appraiser go inside the units of a 4plex or no?
My lender said that because of coronavirus, it is possible to choose to have the appraiser not go inside the units (I'm getting an FHA loan for a 4plex). Should I still have the appraiser go inside or no? I also got a...
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Pete Harper
1031 into upREIT
We did a 1031 exchange into a 10 unit apartment building. The property is underperforming the other properties in our 40 unit portfolio. We've been consolidating our properties closer to our home location. This is...
Eric Lahoda
Lease term month to month
What is your opinion or experience by starting a tenant with a month-to-month lease instead of a full year term? I have concerns over a tenant prospect and I consider ending a lease and easier option than evicting. Le...