Hi, Rookie investor hereWhat are you fellow investors currently meeting for the 1% and 50% rule in the Miami market? from several different analysis (duplexes) I noticed that with the current market, specially in high...
I'm meeting with a potential private money investor this weekend (pretty pumped!). Up until now we've used our own money. My question is about the tax form I would issue an investor after the sale of the property...
Hi BP,I am planning to apply for a commercial line of credit with a local bank but I can't make my mind on how much to ask for and how to present my case. My goal is to expand access to funds at a sub 10% interest rat...
Hello AllI’m currently looking to develop relationships with local banks that are lending to REI in the Boston, MA area. I’m interested in investing in multifamily properties. At the moment, I don’t have anything in t...
I just got a note from my property manager in Charlotte describing two different applications to rent my property. Neither one looks great, but I wonder if any of you have any thoughts on these:Application #1 - Famil...
I believe it's crucial not to require an application before viewing a unit. My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arr...
I currently live in Falls Church, Virginia (Fairfax County) and am thinking about converting my basement into an apartment and renting it out. I think there may be Fairfax county rules against this, but I am wondering...
Hi, new to the forum so please forgive any mistakes. I purchased 8 four and five bedroom duplexes in Manhattan, Kansas a couple years ago. The city has a no more than 4 unrelated tenants muni code, but they issued a p...
Hi! I am super excited to be on this site and to get started. I'm currently in the Los Angeles area but hope to invest my first SFR in Dallas, TX. I am interested in house hacking. I am listening to BP podcasts and re...
Hello all, I’m looking to invest in a Quadriplex in San Antonio Texas, but before I start my research, I wanted to ask those with more wisdom and knowledge on what the most cost efficient financing is for a first time...