I'm beginning research on a particular strategy and need advice. My strategy is very common, but it's to use HML to buy and hold 1-4 unit homes then refinance and use equity to purchase another. While analyzing deals ...
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I learned from a previous BP question that the 6 unit office building I am buying will likely be appraised using NOI/Average cap rate for the area.
How does the appraiser verify my NOI? Are they just going to look at...
Is it common for a property management company to give a rent discount for renewing a lease early? If it is common, is it common practice to not tell or ask the owner first?
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I have a question. Is it common for the rental management company to state in the management contract that if I, the owner of the home, decide to sell my home within a year of termination of my rental management cont...
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Hey.I'm looking to buy my first multi-family 16-30 unit deal and as I'm learning along the way a lot of new things, wanted to ask if it is a common thing to have an exclusive buyer-agent agreement for CRE deals, and a...
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Hey so I’m looking to obtain hard money for a deal I’m interested in within NJ. I was emailed by a lender whom I’ve check using Facebook that wants to loan me 160 at 10.54 for for this deal with me placing 1708. Upfro...
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Some homeless housing developer offered us $6 million and we sold the motel. The challenge is to 1031-exchange this money where we can make money passively. What are some ideas? Apartment, multi-family units? Where sh...
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I'm working on getting my 6th door as a rental unit. Once I close on that, I'll have 3 single family homes and one triplex. I met with a friend today and he asked me about partnering up on a deal. To generalize a bit,...
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In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...
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Hi All,In small multifamilies where there's no on site maintenance person to shut lights off, how do most of you ensure that your tenants aren't always leaving the lights on in the common areas? I figure my options ar...