Raj Singh
Tenant interview - is this reasonable to request for S&P
I am looking to close on a NNN property. I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++...
James Tiu
BRRR: large closet or 2 half baths
Hello BP,
I'm in the middle of a BRRR duplex project in San Diego. It is an identical looking duplex with approximately 720square feet each and 2 bedroom 1 bathroom. Right now, I am faced with a dilemma. Should I tur...
George Knetzger
Price point for rehabbing single family
hello. My confusion has to do with purchase price and after repair value eg price is 100,000 and arv 125000
would that spread put the property in an unsellable position? Should the purchase offer be discounted by t...
Brian Osso
Pre-foreclosure vs REO question
Just getting started in REI and ultimately looking to utilize the brrrr method to acquire and rent properties.However, I have a property down the street that I have had my eye on for a while. It’s vacant and distresse...
Tyler Rowley
Learning how important a good accountant is
When I did my 2021 taxes, I wanted to position myself as making enough money so that I could qualify to buy another investment property in 2022I actually didn’t take all of my deductions for one of my houses so that I...
J Newman
Thoughts on PM Software Rent Manager to Buildium and Switching Platforms
Does anyone have thoughts on these two? Has anyone switched? Our family has used Rent Manager for PM for 20+ years. We have an internal PM. Reviewing the files, I can see that it's not set up correctly and they are us...
Kenneth Moerschel
Best practices and issues for partnering with a contractor ?
I was recently approached by a contractor who wants to partner basically I would have to put in either all or some of the money to acquire and to fix a real property how would you say we divide the money that we earne...
Jinyu Shao
Home Loan for a Co-op in Queens, NY
Hi all!
I would like some advice on what my lending options are for the co-op my family plans for buy.
The co-op will likely be purchased by a family member. It will be used as primary residence. Her and I already ...
Julian Sanchez
Lender Amortization misunderstanding
Good evening BP, 30 year amortization on a refinance on a 825k loan, lender parent company large REIT
Interest locked based on the swap rate
10 Yr Swap Rate 1.57%Credit Spread 3.81%Interest Rate 5.38%
Here is the i...
Brian Fung
Modeling Fix and flips
I have 2 questions:
1. When you underwrite a fix and flip deal in your upfront due diligence, what figures do you us for the cost to sell? (do you use a percentage, standard fixed fees + percentage, etc)
2. When yo...