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Results (667)
Peter Tryon Hard Money
2 September 2014 | 37 replies

Hey everyone, not sure if this is the best place for this question...
But I have a question about hard money lending. I've been researching some lenders in my area and most say they only give LTV of 75%. My question i...

Erik B. Key differences in 1-4 units vs. 5-12 units
29 September 2023 | 19 replies

Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are. What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a buildi...

Lori N. Landlord right to enter
5 November 2018 | 26 replies

I have a townhouse I am renting. I gave my tenant almost a week’s notice to have someone come in and check the HVAC for maintainence for the upcoming winter season. This tenant is very hard to accommodate because of...

Bobby Narinov How do you evict a pair of drug dealers
14 December 2017 | 43 replies

I have a pair of tenants that are known by all tenants as the drug/pot dealers but no one is willing to testify.Before they moved in, I checked their background and they had nothing bad. I could not talk to their prev...

Perry Ivy How much debt do you have?
29 October 2016 | 94 replies

I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.

Brian Burke Just bought a 140 unit property. Here’s how I financed it (thanks BP!)
8 February 2014 | 94 replies

It’s always exciting to buy an off-market multifamily property, and even more exciting when the Houston Business Journal runs a story on it!

The property is a 140 unit class-C apartment complex in the Houston...

Andrew Faulkner Dumb question about buying notes from newbie
23 January 2013 | 36 replies

I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...

Account Closed $1 Million In Rentals - How Much in Reserve?
29 January 2020 | 98 replies

Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...

Drew Cameron Heloc to pay off mortgage faster
30 March 2023 | 685 replies

I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

John Matthew Johnston They're drawing on my Cabinets!!!
17 December 2019 | 64 replies

My first rental is a B class SFR, Rent 1500/month. I put all new finishes and it LOOKED really nice. I went to do my first rental inspection after 5-6 months( while doing a walk through with an appraisal company to BR...