Hi--just learned that my property manager has completely changed its fee structure. Instead of a percentage based on rental income it's gone to a flat fee per unit. If I owned more expensive properties, this would b...
Hi all,
I'm hoping for some advice on a deal I found. Purchase price is 140,000 for a four flex with monthly rental income at 3545. So CoC and ROI is pretty great (about 1100 a month after vacancies, maintenance, etc...
Hi everyone,I'm hoping someone can help me with this as I've tried to figure out this game by myself to no avail.I have a project I'm looking at that's 80 units, vacant and needs a full gut rehab. I can get really fan...
I am in the sale phase of a flip. I’ve had 17 showings but zero offers after seven weeks on the MLS. I have a potential offer but the buyer wants an FHA loan with only 3.5% down. Problem with that is the propert...
I’ll start this by saying I’m strictly a Buy-and-Hold investor so I haven’t run into this issue before. I want to sell one of my Washington, DC. properties to have a larger down payment for a new primary residence in ...
Hi BP Family, I'm interested in investing in Indiana. Areas are Gary, East Chicago, Merrillville, Crownpoint, Lake Station, Hobart, Schererville. Any suggestions on the best place to start as a new investor? I live in...
Calling all private financing guru's!
I am wondering what type of programs do you offer your investors to get long term financing? Do you amortize over a period of time with a balloon? Go interest only for a period ...
What is a good commercial mortgage rate in Ontario, Canada. Can I expect to get similar to residential rates if I am purchasing a 6-plex? I am just looking for guidelines, I have good credit and assume the property h...
Hi BP,Just a quick post to get some friendly advise on how to go about this situation..I am closing on my first duplex on the 30th, (3 days), and there are tenants occupying both the top and bottom apartments. As you ...
Hello, My names Dan, I'll be 21 in a couple months and I live in Newport Beach, CA. I've been looking to buy rental property's for a few years now and finally started diving into it recently.
Houses here are at least...