Matthew Irish-Jones
How We Assess Value
Decided to put this out here for anyone interested. There are always tons of people asking me about numbers, returns, cash on cash, CAP rates and what neighborhoods are best to invest relative to WNY. We work with a...
Curt Bixel
Debt to income ration at razor thin margin
I am attempting to refinance two rental properties. My loan officer has indicated that my debt to income ratio is really close, and it is going to come down to being able to verify each and every rental payment. I h...
Kevin Castaneda
When to Remove Windows During Rehab
Hey BP friends,When and who removes the windows during your rehabs?My family and I are performing the demo on my first house in San Antonio, Texas... and I can't seem to find any info on when windows should be removed...
Michael McManus
Should/Can I raise rents right after purchasing this 4 unit?
I'm looking at a 4 unit property now and the rents are low. Two of the renters have been there for 20 years and the rents have never been raised! Can I only raise rents with the renewal of a lease? Can I force the ...
Bryan Almodovar
Business credit card
Hello everyone,
I have been looking into getting information from banks in regards to a business credit card. My plan is too use a business credit card to be able to put a down payment on a property, using seller ...
Lisa Rispoli
Help!! Hard money investor or bank who warehouses their own loan?
I'm a lawyer and my husband is a doctor. We have astronomical student loan debt from a top law and medical school. We have been searching for a hard money lender or a bank who warehouses their own loans because we don...
Zulf H.
Chicago property Taxes are crazy - How are you managing this increase
Hello BP Members, taxes. Hope everyone is doing well. I have noticed the Chiago property taxes have gone up significantly. I noticed that the multi-unit bldgs in my portfolio saw a much higher increase in property tax...
Adam Scheetz
4% Rule Duplex!! Tons of equity!! No way, right??
Greetings All,I've been crunching these numbers and running different scenarios to exhaustion. As crazy as the margins are, it still seems like a good buy. Lots of work is needed, but the spread leaves tons of room to...
Art Johnson
Looking for Small multifamily in Philadelphia area
Hello everyone!I am a new investor to Philly, and last year started out with my first investment in Brewerytown (purchased for $150k, put $20k in rehab, was expecting it to rent at about $2k and its currently renting ...
Dan Mumm
Miami highrises/short term rentals
Hi everyone! I'm new to BP. I'm a full time RE agent in Las Vegas doing a good amount of business. I always have enjoyed south Florida and as such am interested in buying a second (vacation) home there. Particularly, ...