Leon Lee
Why cash on cash return for hotels are so high?
Hi, Fellow investorsI am relatively new to commercial REs and currently looking at motel/hotels. One thing I noticed is that compared to multi families or residential SFHs, the cash on cash return for motels/hotels ar...
Max Emory
Take a Hard Look at Your Expenses to Increase Cash Flow
For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...
Ken Leibundguth
Is it Legal to be both a loan originator and a real estate agent?
Hello BP Friends,I am considering a career change to become a Mortgage Banker (currently a Mortgage Closer) but I would also be interested in working as a Real Estate Agent. I have tried doing some research into the l...
Ben Morand
FHA Refinance After 1 Year
Hey everyone! Quick question about refi's since I've never gone through with one before.
Context: I graduated college April 2022 and set out on my real estate journey. I own a management company and am making enough ...
Shahzad Ali
Mortgage Points necessary to pay
Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage. Is there a way to bypassing that?
Ronald Wolcott
NREIG Reviews and Northern CA Landlord Insurance
Does anyone have any experience with NREIG regarding a claim? I've seen mixed reviews. I prefer to go with a local agent but it appears CA (or at least Northern CA) is only offering CA Fair Plan plus a supplemental wh...
Dustin M.
Minimum amount of repairs to complete on MH before selling
Hi,
I am struggling with deciding on how much in repairs I should complete before selling my mobile home. On my last home I fixed all the floor damage and re-carpeted the floors in three rooms. I spent around $800 do...
Alex Olmo
How many investment properties can i finance?
Conventional lenders that finance more than four properties. Is possible to finance more than four properties with a traditional bank?Thank you!!
Steven Fitzen
Licensed agent using their own contract for contract assignment
If a person is a licensed salesperson, but they assign contracts on the side between listings, assuming they perform everything legally and with full knowledge of their employing broker and everyone is good with ev...
Marc Shin
Should I finish the basement in a Duplex to increase STR Cashflow?
I found a duplex that is a 1/1 on each side. The basements on both sides are unfinished. I can finish both basements and turn both sides into a 2/2, and that would increase the STR cashflow by $700 per side. But i...