Kyle Jacques
Do I keep my reservations if I leave my management company?
I am looking to possible leave Evolve and I have a lot of booking in Jan and February . If I decide to cut ties, do I lose these listings? How does that work? I am not familiar with this at all. I am a new STR inves...
Christian Albright
Student loans, pay them off before investing?
Hi BP,I have about 20k in student loans that I’m due to start paying in September of 2020. I plan on having a job that pays ~60k a year by then. I have about 11k in savings and want to time it so I can start house hac...
Barbara E.
Should nonbank special servicers have more regulations?
I've been reading a lot on housing wire, nasdaq, market watch, and mortgage orb, and it seems a big discussion occurring is whether or not nonbank servicers should have more regulations.Here is what I learnednonbank s...
Nilay Shah
My first invesment Property - Analysis needed
Been reading this forum for a while and am excited to finally make my first post. I recentlty purchased my first investment property. I closed on 10/15. It is a 2bedroom, 2 bath condo in a nice community - Wanted y...
Lesley Resnick
WeWork - not working. Is the iBuyer Buz the same?
I have been following WeWork for while now wondering what is the big deal? $45B valuation? For what? They are valued and treated like a tech, but they did not create anything new. The sobering light of their finan...
Brandon Brewart
Apartments: Expenses per unit?
When underwriting apartments in the Metro Detroit area, what are your "rule of thumb" expenses per unit/year for B/C class properties? I'm hearing maybe $3000/unit per year -- maybe more recently. Investors or Propert...
Chris Bisaillon
What can I use for reserves?
I've been pre-approved for a mortgage but have no cash for reserves. I have credit cards w 0% interest. I'm considering getting a line of credit from the bank. What other options are there to use?
Michael Tempel
Contractor Bidding Sites
I am working on getting bids for larger replacement reserve items for our apartment buildings. I use a few bidding websites, but am always on the lookout for better technology or services. Can anyone recommend any g...
Owen Dashner
Poof - 2 years of cashflow on 3 houses gone in one day!
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Rich Hupper
HOA self run Question
HelloI am a real estate broker and I was recently introduced to the trustee of a self managed 12 unit condo association. I would like to manage this property for the unit owners however I do not know how to sell mysel...