Jered Sturm
What Key Performance Indicators Do You Track?
We are looking to get a better macro level view on our portfolio/ business, to keep a better monitor on the pulse of the business as a whole, and individual assets. We would like to do this by tracking key performanc...
Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Swat Khan
50-unit // All Section 8? Experience?
Does anyone have an all section 8 on their apartment complex?
I'm getting a good deal on a discounted apartment complex near downtown in a C area of a 200,000 Texas city...I spoke with HUD section 8 in the city and ...
Alfath Ahmed
What do you guys look for in a lead to qualify them as a hot prospect?
Typically, I will call a skip-traced list with potential candidates that have 2 to 3 motivations (Divorce List, water shut-off, tax abatement, etc). My mentor taught me that a lead should have these 4 pillars:- Price ...
Dylan Viola
What sources do you use to research your markets?
I have recently decided I want to be an investor. I have been reading books, listening to podcasts, and reading articles here and there. But I want to be able to research my local markets and know what I am looking fo...
Weng L.
Conventional Mortgage on One Building of 4 Townhouses
I am looking to buy new construction townhouses and talking to seller if they can sell whole building (that has four 2-story townhouses) to me as one portfolio (one property) instead 4 separate units. From financial p...
Peter K.
CAP Rate high/low question?
So I get why people use cap rats and how to calculate them.But why is high cap rate good for seller and low cap rate better for buyer? I don't get the reasoning behind it?
Michael Plante
Cash out Loan on a group of properties?
Is there such a thing as a single cash out loan for few properties?All are in the same general area. Thinking maybe having no loans is not the way to goSo is there such an animal as a cash out loan which covers a few...
Bryan R.
Save 9% on your taxes!? Section 199 Deduction
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Joshua Hawkins
Real Estate Attorney in Milwaukee, WI
To Anyone in the Milwaukee, Wisconsin area: What real estate attorney would you recommend doing business with?