Mike Berry
4 plex insurance question that is in an LLC.
my wife and I are the 2 principals in our LLC that owns a 4 plex. We also reside in 1 unit of the building. We are currently getting building insurance quotes, but we are currently on a business policy with Nationwid...
Jeni Nikolova
Rent increase to keep up with inflation and higher costs to maintain the property
Hello,
What is a good and (if possible) kind way to communicate to tenants that if they were to renew the lease, the rent will be increased at the legally allowed rate, which in this case is 10%?They are currently in...
Matt Calnan
Canadian Multifamily Investments - Closing 560 doors in Q2
Hi everyone, I have 3 deals that are currently being finalized totaling 560 doors in Western Canada (3 different locations - British Columbia, Alberta, and Saskatchewan). We have the deals fully funded and have a bit ...
Dominic Punzo
Looking at first deal to be a house hack.
So my fiancé and I are currently looking into house hacking our first duplex. Now I've run the numbers and my mortgage should come out to about $600 a month and the other side is currently rented out for $550. I think...
Jake Calle
Best way to buy Commercial Real Estate
Hi BP family, My wife and I are currently interested in buying a commercial real estate property in Tampa, Florida. We already have a client who would be leasing this property if it goes through. What would be the bes...
Ian M Crawley
Lender Pause on Refinance Loan Products - Prepayment Penalty Still in Effect?
Hello,We want to cash-out refi a 6-unit building that has a 2% prepayment penalty if refinanced outside of original lender. They informed me they have looked through their portfolio and currently are on pause for inve...
Sean Banilivy
Hotel to Apartment Conversion
Hi BP Community,
Would love to discuss the hotel to multi conversion play with fellow investors who have considered or have completed a similar type of project. Strongly believe this trend will only grow in the com...
Remy Piazza
Monthly rental amounts for Tampa one bedroom, one bath triplex
Looking to acquire a renovated triplex with three units. Each one has 1 bedroom / 1 bath. Rents are currently at $1400/mth. Research and real estate agent said rents are way below market for Ybor area of Tampa. Should...
Johnathan Roberts
House-hacking in the South Los Angeles market
Hey BP Community,My family and I are currently living in Brooklyn, NY but we’re looking to house-hack a detached duplex in South Los Angeles within the next 6 months. This will be our very first investment property. A...
Michael Patton
Self Storage Syndication Options
We are currently looking at two self storage syndications and wanted to reach out to the BP community for recommendations for others so we can compare. Does anyone know of any active syndicates for self storage? We pr...