Hello BP members, We are looking at an 8 unit MFU for an asking prince of $419,000. A price per unit of $52,375 with a projected 7.47% Cap Rate in 2015 or projected 11.16% @ 100% occupancy. Right now 7/8 units are ren...
Hey everyone! Would anyone know if its possible to refinance based on the rental income of a residential property instead of your own job? is this even possible?
Hi BP!I have an SFR that I bought using hard money earlier this year. I fixed it up, got a tenant in there and it's making good cashflow. Now, I'm looking to refinance out of the short-term loan into a 20-30yr note, h...
When it comes down to vacancy, knowing your tenant is important and knowing the amenities that your property offers is crucial. I believe many investors, especially out of state investors look at the hard numbers like...
Another super sexy topic I am starting here (jk). I have to replace quite a few doors at a rental unit I am turning. About 80% of the interior doors in the unit were broken. In the previous tenants defense, none of...
What is everyone's best strategy to mitigate risk of theft and break in on your flips?
Let's hear some war stories and how to corrected them!
Also, how does this tie into giving access to your project during constr...
Hello, I am an aspiring real estate investor located out of Nashville, TN. I am currently in the process of selling my first rental located in Bowling Green, KY and am trying to figure out my next real estate move! I ...
Investment Info:
Single-family residence buy & hold investment in Gilbert.
Purchase price: $390,000
Cash invested: $80,000
Another single family home. Newer construction, only 6 years old and sup...
Hi fellow landlords,I live in San Jose area and I want to rent out my condo during super bowl weekend in a few weeks and I was wondering if anyone could point me in the right direction for a contract I’d be able to us...
Hello,I've had some issues with excessive costs through my property management company over the years. I'm a passive investor and these properties are in a different state than I reside in so I'm not there in person ...