John B.
2% Rule Possible for Multifamily with commercial financing?
Ive listened to the first 50 episodes of BP and a It seems investors shoot for the 2% rule. Ive been looking at commercial multifamily (5-15) units and it seems the majority of them barely or just best the 1% rule. Is...
Paul Sandhu
What are you doing for TP?
I've got 6 guys moving in to a 2 bedroom house tomorrow. I'm in the process of cleaning and restocking it. There is no TP for sale in this town. So I bought a 4 pack of Kleenex and am leaving it in the bathroom. H...
Dylan B.
First time using Cozy
I have currently began using the Property Management Software Cozy and was wondering if anyone else that utilizes this software can help answer a few questions for me. What are the Pros and Cons with utilizing the sof...
Pat Jackson
Favorite amortization schedule for seller-financing
I've heard some say the rule of thumb is "short as possible". Others just go out to 30 years. Still others figure out a realistic monthly payment, work back from there, and have a unique schedule like 21.75 years (2...
Jason Howell
Tax incentives for those who participate in a syndication deal
I see and hear a lot about the benefits for the person who is actively syndicating a deal. What about those who participate in that syndication, aside from the fact that their involvement is much more passive in natur...
Jose Diaz
How much do you spend on marketing monthly?
I was interested in knowing (if you don't mind) how much you spend on marketing on a monthly basis and what your % of contact is after marketing.
Thanks
Jose
Frank Billman
Has anyone signed a tenant for more than 24 months rental?
I have a sfh for rent for $1550. Received an inquiry, older lady from out of state. Looking to move near her daughter and grandchildren. She mentioned on the phone she's looking for long term. After showing her the p...
Chris Wyatt
Difficult People
I found a good house for my first deal. The owner is elderly and his health going down hill so he's planning to move with family out of town. I made an offer and come to 60K all cash agreement. So I tell him I'd be th...
Jeff Wallace
The HOA mowed the lawn and cost me $25,000
Two weeks prior to auction, this house looked like a wreck from the street. The grass hadn't been mowed in a year and trash was piled up from the driveway to the front door. Five days before the auction the HOA cam...
Lam N.
Anyone have experience with sprout mortgage?
https://www.sproutmortgagedire...Not talking about sprout financial. I'm talking about sprout mortgage direct. Anyone has any experience with these guys?