John Paul
How good are Credit Union Banks
Hi,We have been with Citibank for past 15 years. The kind of interest what they pay for savingplus account is 0.10%Wondering if we can move to another bank where they pay better interest rate on the savings account.I ...
Mark Hu
Why REITs have high P/E ratio?
I am looking at two REITs in SO CA, and I've noticed their price/earnings ratio is rather high. One is BRE, the ratio is 42.94, and the other is essex, their ratio is 69.33. I understand that a more typical ratio woul...
Amit P.
Financing Question & Purchasing Question for Properties 8 thru 12
So I've been purchasing homes for a few years and I have used conventional loans for all. At this point I have 8 and am about to close on 4 more in another 2 months. However, because these 4 will put me over the 10,...
David Stover
Deal or No Deal? Milwaukee Mercantile Apts
Hello BP,I'm new to REI and running the numbers for my first property. I'd really appreciate experienced investors to take a look at my work and let me know if my assumptions are sound or if I'm completely off base. A...
Mike Dorneman
Rent collection apps for the technically challenged tenant
I’ve simply had tenants make their rent payments into a dedicated bank account in the past. I’ve gotten to where we have multiple doors at the same monthly rate so I need to transistion into an app to help me manage a...
Jeremy Gengenbach
Mortgage lending recommendations in Houston
Hello BP Team,We are planning to cash out refinance this month and I am looking for a little advice. I have a lender that I have built a trusting relationship with at Prime Lending, but one of my wife's requirements t...
Matthew Lenning
How should i finance the purchase on rental property - new dude
Hey BP communityI’m looking for recommendations on where to begin this refi journey to a new rental purchase. Should i work with a mortgage broker or is there another avenue i should pursue? Any suggestions would be g...
Bryan G.
Suggestions for Price reduction on Forclosed Property
Looking to invest in a foreclosure property located in San Bernardino County - property needs about 10K worth of repairs to be rent ready. Ideally we want to offer 200K. Bank is firm at 220K. A 220K PP would yield a l...
Joseph Pytcher
Ideas on good investor friendly lender to refi rental properties
Long story short, I am starting to buy rental properties as part of my portfolio outside of flipping homes and have a lender that will lend me (short term)100% of the purchase and rehab but I am needing a lender I can...
Zack Elaroussi
Looking to find out how to determine rental prices in my area
Greetings guys!My wife and I are newly married and looking to relocate out of NJ.What are the best resources out there for determining comparable rental prices in my area other than reaching out to an agent.We want to...