Joe Splitrock
CDC Eviction Moratorium Extended to July 31st
As expected the CDC extended the eviction moratorium a month to July 31st and I suspect they will extend it again in a month. The reason cited is basically that some state governments have been ineffective and distrib...
Nathan Gesner
Are property inspections/registration required in your market?
This is not uncommon for vacation rentals, but now cities are starting to enforce it for long-term rentals. Has this happened in your area? Do you think it's a good thing?https://triblive.com/local/wes...
David Rutledge
What to except in the 30K - 60K price range
Good evening,I am an investor from CA. I bought a duplex in Indy last summer and I am very happy with the returns so I am looking to add another multi family to my portfolio.I have about 30K saved up so I am looking i...
Chris Mason
Oh yeah, the "Due on Sale" clause is now LLC-friendly, sometimes
Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
Javier Rosales
I’m getting cold feet, and getting scared
Hey BP. I’ve had this triplex in escrow for about 4 weeks now. Walk through was good. Inspection report was good, and I was present for it. No major stuff of the property. Everything seems to be running smooth. Only t...
Tony Nguyen
Buying my first Apartment Complex
Hey guys,
I'm a currently a rehabber that wants to buy and hold (and reposition) my first apartment complex. I've read about it ever since I was just in my teens and fell in love with the idea of economies of scale. ...
Bobby Larsen
Thoughts on Albuquerque?
I’ve been spending a lot of time visiting and researching the Albuquerque market. I’m curious to hear others thoughts on the market.My take is that it went through a lost decade and still to this day hasn’t recovered...
Nillion Lambert
Are there any EMD Lenders?
Hello BP,I am reaching out to inquire about EMD lending. Are there private money lenders who fund EMDs only? Trying to research available options where the effort exists, offers are being accepted, but the credit situ...
Brie Schmidt
Advice - Plumbing Problem - Idiot tenants
So my idiot tenants used paper towels as toilet paper for some time and clogged their 3rd floor bathroom. The first floor and second floor tenants have not been having problems. We had the handyman out about a month...
Tyler Carpenter
Cap Rates
What cap rate do all of you investors look for when buying multi units? Im curious if you base different cap rates on certain amounts units compared to that of other another building with a different amount of units. ...