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My wife and I have been enjoying the podcasts and working together on buying our first rental property. We found a lender that we've pre-qualified with and they have told us we'll need to put down 25%, which is our p...
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I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...
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Hello BP family,Ok so i went to meet with an owner today in Bergen NJ. When i got to the home the owner was not there but his maintenance/property keeper was. He told me the owner wasn't there but that he told him to ...
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Hi all, My wife and I have an STR and a couple LTR that we self manage in our local area. We are looking to invest in the Kissimmee area, and are investigating our options when it comes to STR Property Management. My ...
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I was recently at a payment center for my local water and power company and I began a discussion with an RE investor and he was outraged at how his tenants were consuming water. This landlord, I kinda felt his pain, s...
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Moving to the denver metro soon and have begun looking at places to house hack, then convert to a full time rental. Going through the eval process now and had a few questions:1) what's standard for utilities? What, if...
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Hello all,I am new to investing and am working with an investor who operates his own development company. He will be the general contractor for my first project. He also happens to be a family friend (I actually tau...
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Hi!
Hope you guys are great.
Few weeks ago saw on the internet, might be youtube than the reserve account for capital expenditures in a multifamily property are handed to the new owner after selling. Is this the sta...
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I came across a foreclosed property on zillow today that was up for auction on hubzu. At the end of the listing it said, "Buyer will be responsible for obtaining possession of the property upon closing." So, does this...
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Hi all,I am in discussions with a 17 office commercial property owner that is looking to sell. All 17 offices are rented and he's clearing 250k in profit on it per year. Do I valuate this the same as a rental property...