Lets say you had 6 single family homes in Ferndale MI, valued between 90k-160k each. All currently leased with good tenants, rents ranging from 1k-1,350/month. Lets say hypothetically you wanted to sell them. Without ...

do you have separate bank accounts for these three or do you just put all of these reserves in one account?

Ok, I am working on a deal that would potentially be a 4 property package deal. My question would be, as a wholesale exit strategy, would it be better to sell them as a package or individually?
I know there are benef...

Hello,I have noticed that more and more property managers are charging tenants ~2-3% of rent + $30 as admin fee/resident package/utility package. Is this standard for most major property management companies. Can anyo...

Hello to everyone on BP! I joined a couple of weeks ago, and I must admit that I did so with some reservations. My big concern was, what is going to happen when I hit that submit button to become a member. Am I goi...

I would love to hear different items you have added to a generic lease template that you think are important. 

With the mortgage default rate expected to rise to 50% - interest rates are increasing daily. How does this affect what you are doing with your investments now? Should investors liquidate or rise out the storm? How do...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $650,000

Cash invested: $80,000

Found this 5 family right on the MLS for $650K, needs about $50K of repair an...

I (lender) recently switched firms to one that has a pretty nifty toolset that I did not previously have available to me.One of them is a system to track paperwork submitted and loan progress. I can set milestones and...

Bottom line up front, I bought an acre in an urban setting. I re-zoned the property successfully, have full construction drawings and are nearing permit for 8 apartment units. I bought the land for $250k ($100k down a...