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I just got off the phone with the regional bank here in town. I was inquiring about a loan product for 3 or 4 units. It seems since they are fannie mae based I have to come up with a "Loan Level Price Adjustment" of...
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Recently, I had a few appraisals done on properties in an area that produces good cashflow at the price of the quality of the properties. I don't care about the quality much, as I will never live in the area. I care a...
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There's alot of question to ask, but now my main concern is should i hold or sell my first investment.
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Hi everyone,I just completed a home inspection of a potential rental property and the Radon report came back high - 18pCi/l. It will cost about 1k to remediate but my larger concern is will it deter people from rentin...
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I just had a new tenant move in, my rental ad and lease agreement states this is a NO SMOKING rental. I went to the property to do a walkthrough with the new tenant (the movers moved everything in late Saturday night...
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Hello Investors,
I hope you're all doing well. I wanted to reach out and seek some advice from you regarding a situation I'm currently facing. As I started marketing the property, I received numerous rental applicat...
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Hello, BP. I'm under contract on my first deal and I'm wondering if I can get some feedback. Everything seems to be good, but I could use a sanity check to make sure I'm not missing something. This is for half of a du...
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Hey all - on Wednesday at 4:00pm PST (that's 7:00 EST) I'll be hosting another BiggerPockets Webinar! This time, I'm going to be talking about how to invest in small multifamily properties (like duplexes, triplexes, a...
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Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
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Hi everyone,
I am in the process of digging into the Charlotte, NC region for a buy and hold investment property, and I'm looking for someone to help point me in the right direction.
For some context, I will likel...