Hey guys/gals,I have officially watched all 301 podcasts and all of BP's books are on the way (hoping to finish them before the end of next month). I have just begun the first steps towards my first multi-unit house h...
If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
but would like some soundful advice on how to do so. Also, what is the maximum amount a bank is willing to accept on a home, for pennies on the dollar. For example, if I am interested in buying a home priced at $180...
Hello good people of BP,I am in a bit of a unique situation. I have been living on one side of a MF(duplex) property for the last few years an recently my landlord has put it on the market. He is out of state, retirin...
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
Hello,I'm new to real estate investing and have been analysis a hand full of deals. From what I've learned so far the cap rate in my area is between 5.5-6% As I run the numbers on a 38 unit apartment complex with a ...
Hi Everyone,Can anyone offer advice on where to start with getting a loan for an LLC with multiple owners? This is for a 4-plex in the East Bay with ARV around $500-600k. I see posts where people recommend local ban...
I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
So I just sat with a friend who spent his career (decades) as a commercial bank loan officer, mostly in real estate, with a retirement career as an independent bank auditor. Together we looked at three DST from three ...
We just finished setting up our Costa Rican short-term rental (well almost, we still need to hand the curtains and the wall art). Anyway, I am super excited so much so that I wanted to create this post to see what you...