Tucker Cummings
Savings / Cash Building Tips
Just having this thought today on building my cash reserves for investing and wanted to throw the thoughts into BP. I’ve been saving my personal cash reserves for a while so I could buy my own properties and BRRRR/fli...
Marshall Zakarian
What Type Of Loans Should I Inquire About For A 7 Unit Apartment?
I'm Interested in purchasing my first multifamily. It consists of seven units and has a cash flow of about $5500 before all costs.What type of loans should I inquire about? Do most investors just apply at there local ...
Greg Gallucci
Creative Financing
I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
Dave Fulkerson
Financing Multi Family
My Name is Dave Fulkerson. I’m an investor out here in St Louis. I’m looking to get financing for an apartment complex that is currently listed at $925,000. Talked to the agent and we should be able to get it for cl...
Marsha Burks
Tenant needs to end lease early. Need your opinion on my options
Situation: I have a tenant who due to sudden illness needs to end her lease early and return home to her family in Ohio to care for her. She isn't disabled by the illness, not covid - just needs medical attention. She...
Carlos Lez
Co-living house and tenant not getting along with other residents
I run co-living houses in San Jose CA. I have 3 students living in 3 different rooms of a SF house. Bathrooms and kitchen are shared.One tenant writes :A confrontation occurred because I kindly asked a roommate to cle...
Mark Terry
Limited Returns Business Startup - ROBS v Solo 401k
Hello BP community. I have spent the last couple of weeks researching my start up, meeting with Attorneys and CPAs trying to find the strategy the best suits me. I have lurked in the forum and done loads of research...
Gigi Smith
Am I still responsible for the rent even after giving proper notice to break lease?
Hi all, hoping someone can give an answer to this. I am breaking a one year lease and have given 60 days notice. I am moving out on September 15th, my rent is due on the 1st, so I only paid until Sept15th. My landlord...
Liliana Lopez
how to calculate interest to reedeem
I bought a tax lien certificate in 2014, in Aug 2016 I got the tax deed which i recorded it on my name. A week ago i got a letter from the an attorney saying the former owner wants to redeem and to send him the amount...
Chris Palmer
Passed on a property - Did we do the right thing?
We had put in a cash offer on a house in Gainesville, TX. The listing price was $99k, we offered $95k. The bright side of the property was there was two potential rental income sources. There was a main house built in...