Ted Harris
Did Foreigners Cause America's Financial Crisis?
Interesting TIME article about root cause of the US financial crisis .... not sure I agree but put a different spin on what I've read and believed before:
"There is no doubt that the pressure on the U.S. financial sy...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
M T Naughton
Refinancing with the BRRRR strategy
I bought a house cash. I will be paying for rehab out of pocket. Before I begin rehab, I want to have a lender in place to refi before beginning rehab. Now I am shopping lenders, and I am having a hard time finding ...
Lloyd Segal
Economic Update (August 3-7, 2020)
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
Dean Ng
Expected losses on 1st position fractional trust deeds
I come from the world of stock and bond investing, and am looking to diversify with fractional trust deeds purchased from a HML. I'm considering 1st position TDs with <70% LTV. The RE used as collateral are eithe...
Anthony Pinto
Posted first AirBnb Listing
It's official folks! After a little over a month, we finally posted our first AirBnb listing in Portsmouth, VA using one of the units in our quadplex. We are open for business starting tomorrow. My wife and I are expe...
Philip Bashaw
How do I determine an ARV on a small apartment building?
Hello BP Family!I found an apartment building in Atlanta that hasn't been updated in forever...if ever. It needs a lot of work, inside and out and I want to make a reasonable low offer on it and don't really know how ...
Troy Schwamberger
Debt to rental income ratio?
Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...
Jonas Mai
Looking at 7-plex new investor. I need encouragement. This works?
I found a 7 plex for $185k. It has 4 1br and 3 2br apts. Exterior is stucco, roof is flat and clad in an elastomeric foam membrane (one of my biggest issues). The 2 bedrooms rent for $550, $550 and $575. The 1br...
Dan D.
750k-1mil to invest passively
So I run a full time mortgage business, and even though I’m in an industry connected to Real Estate; I just don’t have the time to become an active investor.My days are long and I’ve got a couple young kiddos at home,...