Sean Ade
House Hack Analysis
Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...
Jeremy Williams
Impact Fees?? - Converting Residential to Commercial...
Hello,Longer versionI'm doing some research on a property zoned general commercial (C2) in Sacramento, CA. It's been used as residential since 2003 and the last permit pulled according to the city was for residential...
Thomas Landis
Bloomington, Indiana Meet-Up and Mastermind!
Hey folks! Hope these brisk mornings have been invigorating! In leiu of the holiday season with family events and workplace gatherings, I think it best to forego this month's investor meeting...unless I hear otherwise...
Raja Minhas
Good deal? Tri-plex in Oakland, California
Hi BP,I am looking at purchasing a tri-plex in the Oakland, California area and would like to hear your thoughts on the deal. Ideally I would like to do a house hack where I live in one of the units and rent out the o...
Pete Tam
Who pay the commission to the agent
Who generally pay for commission to the agent. Does it get split between buyer and seller or seller pay for it.
Josh Chappell
Current Oklahoma City Cap Rates
I'm currently looking at a few older multi-family properties in the Oklahoma City area. What are the current CAP Rates in the area for older multi families and how would I find this out if not for this post? I am curr...
Jorge Abreu
✏️Evaluating Deals: The Significance of Evaluation Templates and Loan Types
In my journey as a real estate investor, I quickly learned the importance of evaluating properties and utilizing underwriting templates. It was during our first deal that I realized a term sheet is not set in stone. W...
Peter Eberhardt
Funding during COVID for 1099 MISC income
Hey all,
I am looking to see if anyone has anymore info about utilizing 1099 income for acquiring a conventional loan on an investment property. According to this this article, I should still be able to use my 1099...
William Howley
Standard conventional mortgage question
Hi, I am putting conventional loan bid on a property. I have a pre-qual from one bank, and have a term sheet. I want to know if someone can give me some typical terms they have come across. For example, this loan is 2...
Tomeka Wray
Utilities not Connected as advised
So today my tenant is scheduled to move in. I told her two weeks ago to make sure that she has her utilities start on Friday Sept. 30th, because the utility company didn't have start dates on the weekend. Also I sched...