Mikhail Pritsker
Underwriting Tricks: Mastering the Basics and Beyond
Dear friends,
In these challenging times, deepening our understanding of multifamily underwriting is crucial. As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns...
Kendall Vrana
Anyone include Toilet Policies in their lease?
Hi, all-- We had an issue with one of our rental properties regarding the brand-new toilet that we installed about 3 months ago. We suspect foreign objects (feminine products, q-tips, makeup remover cloths, etc.) may ...
Guillermo Perez
Rate my first BRRRR
Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR. I bought my first investment property cash, for $101K. After closing costs, it w...
Brody Swanson
Canadian Real Estate - First Property
Hey All,
I am looking to purchase my first investment property (Canada) and was wondering everyone's thought on the deal as I am not sure whether this is good or not the best. I was hoping to get it for around $300,0...
Account Closed
Would you feel comfortable with this kind of leverage?
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
Rick L.
Appropriate Cap Ex, Repair/Maintenance, Vacancy Expense Estimates???
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
Kuriakos Mellos
Reserves: how much is good to save up?(General fund or per door?)
Hi all!I will be nearing the one year mark since I began this crazy journey on 9/4 - when my first tenant moved into my parents house that I converted into a rental. Since then I’ve grown to five doors - three of the...
Lawrence Chen
New investor - need tips - how to get started
Could anyone give any recommendations on the steps I need to take before buying a rental property?
I live in California and would like to invest in other states like the midwest since the properties there are much c...
James Smith
Should I buy or rent my second house?
Hi everyone, not sure if this is the right sub-forum so please point me in the right direction if it isn't
I own a home in Philadelphia that I purchased a few years ago and unexpectedly have to move given that I lost...
Anthony Zotto
Eviction question in NYS
Hello BP community,I have a duplex located in upstate New York and I have a tenant who’s lease expired on 8/31/20. The lease states that if the lease was not renewed it becomes month to month. The tenant is back 2 mon...