Timothy Hero
Answers to the Most FAQ's I Get for Private Financing
Hey all,Some of you know me on here as a private mortgage broker that helps investors get the best financing option in 45 states. However, I constantly see the same questions asked here on BP, so I figured I'd make an...
Claire Baltodano
Hello BP Forum!! Located in San Diego and looking for networking :)
Hello Everyone, My name is Claire, I joined BP years ago when I was analyzing deals in Bossier City, LA but was too scared to pull the trigger. I am a Southern California native, but I have moved around some due to th...
Kamilla Altunyan
New Construction as Rentals?
Has anyone ever purchased new construction homes to use as a rental? If so, how has it been? What do you look for with properties like this?
Chris G.
Regarding the 2% rule. It seems unreasonable in my market.
Hello,I am looking to purchase a house on Long Island, NY. Potentially a multi-family where I would live in half of it. I have been listening to the podcasts and they keep mentioning the 2% rule where each months re...
Alicia Marks
Low appraisal, refusal to review after request
I have a property in Detroit that was appraised for a refi. When I requested a reevaluation they would not budge on their value. The deal still works at the lower value, and I'm honestly pressed because I need the cas...
Susan O.
1031 exchange costs and interest payments from QI?
Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold? Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500. If the QI would pay ...
Scott Trench
New Real Estate Major Feature Film "99 Homes" with Andrew Garfield - What Effect Does this Movie Have on Investors?
This trailer is an excellent representation of real estate investing. I'm thrilled to see that many of the normal day-to-day activities that we carry out as real estate investors are portrayed correctly such as:- Evi...
Daniel Dadzie
Bad Areas In the Columbus Ohio Area
Which areas in the Columbus I should watch out for. My property is in the 43222. I was told to me by multiple Investors that it was in a War Zone, and next time I should do research in the neighborhood first. Would an...
Andrea Cole
How do you handle stays longer than 30 days?
I imagine this question has been asked already but search doesn't allow me to just search this forum so I'm coming up dry on answers. SO, I'll potentially ask again.How do you guys handle stays longer than 30 days? I ...
Mark Hamrock
Inflation Rate of Materials and Labor
Just wanted to see what everyone is using as an inflation rate on materials and labor to calculate for cap ex. A lot of resources I googled say 4-6% for residential but that seems pretty high when you compound it. Loo...