Adam M.
Starting a Property Management Company
Hello BP! I live in Fort Collins, CO and the rental rates are super high and I've lot of complaints about property management companies around here. I also own property in town so I've done my research and everyone is...
Mike Sfera
Right Down Payment Amount??
Hi all, first time poster trying to learn before I buy my first rental property. Question is, if I have the means to put a high enough down payment on a house to be cash flow positive (assuming my expense estimates a...
Ike Patel
Looking into my first multifamily.
I was wondering if anyone had thoughts on the numbers on this multifamilyhttps://www.redfin.com/CA/Hayw...Im thinking of putting an offer at 1.4M. If I can get a 3.5% loan, the monthly expenses seem 6.1kMonthly income...
Chris Hill
Cash out refi to buy more units?
I have 10 doors. I have lots of equity in all 10. I’m in the process of doing a cash out refi on 5 of them, to pay off the other 5. Thor goals is to free up 5 more mortgages in my name. This will increase my payme...
Christopher Leday
How & when to implement new lease at new property with tenant
Just purchase a tri-plex that currently has tenants on a month to month lease. One of the tenants is on housing. So, my questions are... When and how should I present my lease to rhe tenants. Besides that...the ren...
Adam Steinberger
Best bank for small town - Bellefontaine OH
I currently have 21 doors and have now switched to a local commercial bank called Richwood Bank. The only issue is that they take forever to respond and approve loans. They seemed to be understaffed and overworked. Mo...
Jonathan Van Dyke
32k for 14 windows and 55k for 2400 sqft of hardie board
I'm in southwest florida, the naples area and man these costs are very expensive! 32k for 14 windows all impact rated, and 55k for about 2400sqft of hardie board siding installation. Any ideas on how to get these cost...
Taylor Dean
Detached Garage Conversion to Multiple Bedrooms
I own a duplex with a detached 400 sqft. garage with a half bath and electricity already in it. I spoke to the city which I live in and they said yes, I can convert the space to multiple bedrooms as long as I permit e...
Amber Boskers
Phoenix Multifamily Market Stats
Interesting stats on the Greater Phoenix Multifamily Market by NorthMarq for those thinking about investing here.- Vacancy ended 2019 at 5.6%- Asking Rents increased 9.4% in 2019, ending up at $1,175/month- Median mul...
Account Closed
Analyzing 1st investment - Los Angeles Duplex
Hi all,New member here.I’ve been learning about and following the real estate industry for over three years now and am trying to get my feet wet.Currently have an offer out on the following property – plan to buy and ...