Connor Deneen
Another question about RUBS/sub-metering
Hi everyone, I am currently under contract for a 4 unit property, looking to bill back the tenants for their utilities each month via RUBS if I find the cost to install individual sub meters to be too high (In the pro...
Jason Michaud
Multi Family investing in Central Maine
Hi everyone. I'm new to BP and I'm soaking in all the advice and tools that are available on the website for current and new investors.
I would like to connect with investors in Central Maine or Maine in general. I...
Lindsey Maroun
Shared electric and gas meter
I'm in the process of buying a home with a detached garage and studio in the back. I plan to live in the main home and rent out the studio. The electric and gas meters are shared. The studio has a swamp cooler and wil...
Account Closed
Buying my 1st Condo what should I ...
What should I ask the seller to avoid common pitfalls? What contingencies should be in my offer? The condo is in Hudson County New Jersey.
Paul Stout
How to Structure a Commercial Deal
Ok here is the latest deal that I have come across. I know that I do not have a lot of information here to make the most educated analysis but I am looking for ideas on how to structure the offer. I will eventually ...
Kathy Chen
Transfer multifamily conventional loan to LLC
Hi everyone - I am looking to invest in multifamily, and I learned that if I do conventional loan, for 4 units it will be residential loan and i will have to get it under my name. Then is there a way to transfer the l...
Brandon Yuan
Seller Tax Return Filing for the property in Due Diligence?
In commercial deals (apartment/storage, etc), Do you require Seller to provide tax return filing for the property as part of your due diligence document? And how realistic is it for Seller to be willing to provide it?...
Tomer Shani
Should I rent my Townhouse by the room?
Hello BP people!
I own a Townhouse (4BR+2BA) in Philly and I'm having some trouble renting it out as one unit for 1,600. I get a lot of requests for individual rooms. So my question is, should I do it? And then charg...
Kennan Schwartz
Silent buyer after Purchase Agreement signed
Hey everyone, I am selling a home down in Indianapolis, and have signed a purchase agreement with another investor 2 weeks ago. We are supposed to close by next Monday, Feb. 21st. Almost immediately after the purchase...
Account Closed
New Investor Evaluating Deal
Hi. I am new to BPC and need help evaluating a deal in Overland Park, KS. Everything I can see, the investment looks solid, but I am hoping to find other BPC investors that are familiar with hotel to multifamily conve...