Just trying to get my head around this concept. What is the significance of the ARV based on area's typical cap rate?I ran numbers on BP Rental Property Calculator and under Financial Projections is "ARV based on Cap ...
Hi BP,I'm doing a cash out refi from a seller carried property I purchased in 2012. That same seller is interested in financing a new property for me, but with different terms. This is what his initial feedback was:...
Hello BP community,
I'm starting to look for larger multifamily properties.
A common (surprising) trend I'm seeing is that people are selling their properties based on future (proforma) NOI.How does that make any se...
Mortgage companies do this all the time , lower credit score , you pay a higher interest rate , pmi etc. Now lets say I advertise my house for rent on the low end with a disclaimer. " rental rate based on a credit ...
Hello,Does anyone have experience with using Securities Based Lending for funding deals? Specifically, I am looking at partnering with an individual who owns securities (stock and mutual funds) having them take out a ...
Questions for the Property Owners using a Property Management Company: Would you rather have a property management company who has flat rate fees or takes a percentage of the rent?
My husband and I own a house with my son and daughter-in-law. It's in an LLC . We plan to do MTR to visiting nurses for half of the year while we travel and rent one room out to a visiting nurse during the six months ...
Hello All,I was listening to a podcast this morning and they brought on a property manager who said that many newbies do not take into account that the assessed value of a house resets once it is purchased and therefo...
Are tax savings based on effective tax rate or the highest income bracket you're in?? For example, let's say you take a $5,000 business loss and your highest tax bracket is 32%, are the savings based on 32% or reduced...
Hello- I am an experienced landlord with a rental house in DC and now am considering purchasing a second single-family or multi-family in LA area. I would like to discuss some scenarios with an experienced, professi...