Justin Michael Johnson
Creative ways to increase cash reserves?
Wanting to build up my cash reserves over a 1 year period. I am curious if their are options out there that I am unaware of. Looking for examples other than setting money aside from primary job, mutual funds, Treasury...
Eric Calabrese
running into loan issues
hey fellow pocketers,So I'm finaly prepared to purchase my first investment rental property (out of state) i found a state i like and am familiar with see a few 2 families that i like.Long story less long i go to chas...
DongHui Patel
Please rate my deal- 8 units in Long Beach 4.8% CAP
$2.415M Purchase PriceDown Payment: $750k (including closing costs)70% LTVArea: C but gentrifying Condition: B- Potentially subject to LA COUNTY RENT CONTROL 3% cap. But historically raising 6-10% annually. Rental Re...
Michael Temple
Equity Harvesting - Good or Bad Idea
In one podcast I listen to on investing they discuss the concept of "equity harvesting" on their properties. The idea is simple, as your tenants pay down the mortgage and the property (hopefully) increases in value th...
Ed Larson
My First Multi Deal How did I do
Offer just got accepted for a six unit deal. I am starting small to get my first commercial loan and get some seasoning for the big deals to come. The property is located in Lakewood, WA within one mile of Fort Lewis ...
Michael Mudrey
Typical commercial terms?
Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
Cori Chekhovskiy
Does Cap Rate include Capex?
Just want to check my understanding. When people discuss Cap Rates, I think it subtracts off for all cash expenses EXCEPT Capex. Is that right? Is there a measure that subtracts off for Capex?
Bruny C.
Hard Money Lending - Rental Property
Hello,I’m thinking of getting hard money to finance a real estate deal (Purchase - Rehab - Rent).It’s not a flip, it will be a rental property.I understand the interest rate is higher so more money to service the loan...
Michael Abasiekong
Vacation Rental Property Manager
I'm looking for recommendations for a company to manage my vacation rental property in the Wilmington, NC area. The rental is an entire singe-family home with 3 bedrooms/2.5 bathrooms. The home is located on the inter...
Jake Sabin
Apartment Loan Question
I am considering a 30 unit apartment complex and wonder if I should look at a traditional 30 yr mortgage or if I should get a commercial loan since this kinda pushes the bounds of side hustle to full on business. I h...