Keenan Steverson
Screening tenants - 3 times the rent - their Gross or Net income?
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Account Closed
Refinance Fees on a commercial package
Hi, I am looking to refinance some of my rental properties. I have 4 packaged together and so far a loan program at 6.48% Its got a 1% origination fee and a 2% broker fee. Does that sound right? I feel like the fees a...
Abraham Shamosh
Section 8 Questions
Hi,Would like to ask a few questions and discuss. I’m looking to connect with section 8 landlords. Please send me request or comment below.
Omar Diaz
Should I use a portfolio lender?
Hello BP community, I discovered portfolio lenders recently and have been reading on what they are and what advantages they offer. My question is, can I/should I go through a portfolio lender for purchasing my first h...
Anna Sam
What are some good ways to find a good Insurance Agent
HiI need to find a good Insurance Broker or agent who is competent and give me some good quotes. Please share any good suggestions on the best ways to find a good insurance Broker for my Rental multi family properties...
Morgan Painter
how do i analyze multi family
hey guys i came across 3 duplex's as a package! how do i go about analyzing them like a do on the rental property calculator? if i can get it for the price i need il be looking for a partner to help fund the downpayme...
Matthew Sutton
Building a duplex outside Houston
Any suggested builders in Houston for a duplex build? Also, what's the typical cost of a rental grade build? $60, $70, $80, $100 a foot? Looking at a 2,400 sqft duplex plan that I like.
Luis Crespo
NEED HELP AND ADVICE
Ok so I try applying for vendor credit with ULINE and Office Depot and hit a wall. ULINE told me that I need to place at least 6 orders with them before they would consider opening a Net30 account and even then, no gu...
Danny Thomas
best way to un-stuck capital in rental properties
Hi All Commercial Experts,I greatly appreciate it very much for your input/thoughts and guidance in advance to guide me how (methodology)to tap in my capital from all my rental properties to purchase multifamily apart...
Aaron Cheatham
cha ching! property under contract
First property under contract. It is a duplex . I have it under contract for 20k. Needs little work to become a good rental. Arv is 30-40k.
Thank you bigger pockets.
What are the best method to get this thing sold.