Tyler Scranton
Getting a mortgage under LLC
My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle. This is our first purchase and are planning on making more purchases under the same LLC. We are ...
Addam Driver
Purchase an Apartment Building... how? what do I need?
HI BP!I'm looking to purchase my first commercial apartment building. I know financing is different from standard residential units however I'm not sure exactly what I should prepare for. My questions:How does financ...
Aaron Barrett
Will banks allow a full owner carried 2nd for no down payment?
There is a commercial property for sale in my area that the owner stated he would be willing to do a second mortgage on. He is asking $255k. If he is willing to do the full 20% so I don’t have to put any money down wi...
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Scott Sutherland
Texas Proposes New Short Term Vacation Rental Regulations
Texas recently proposed 3 bills which will add many of the same regulations currently reserved for hotels to short term rentals. The rules appear very similar to the ones we operate under in the city of Austin, but th...
Jason Malabute
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily Investing
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to contr...
Yash Tamta
Cashflow ready houses. Too good to be true?
I'm analysing cities for buying my first rental. During my search I came across 6+ listings from the same seller all with tenant in place making some amount of cashflow, some of them even making $500+ cashflow(by Bran...
Justin Moy
The Passive Investors Due Diligence Checklist
As a passive investor your work is done upfront in the due diligence process. There are a few key items you need to check off your due diligence checklist before making an investment:
Due Diligence on the Operat...
Brian Jolliffe
Cash-on-cash %: operating or free?
The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...
Naomi Freeman
Annual Reports for LLCs of Property Management Clients?
I run a property management company. I have a client that recently forwarded a notice from the secretary of the state for them to file annual reports on each of their LLCs, (like 16 of them). I have already provided t...