Jacques Ikolo
Chicago Flip is almost complete, 2 options to BRRRR the funds
Hello All,I am investing OOS, finishing a flip in Chicago. I have some ideas on what to do with the money but I'm conflicted with which the best idea. My main goal is cash flow, so by reading this you can tell where I...
Carrie Hiner
Based on these Numbers, What cap rate do you calculate?
4-plex in Austin Texas$560K purchase price$4500 taxes$250 property management$5000 monthly gross rentsInsurance, vacancy and maintenance are unknown. I'd be interested to hear what cap rate everyone come up with.
Robert Sims
Houston Area Questions
About to obtain my first property in North Houston for buy and hold. I would appreciate some recommendations on Title Companies to close with and Insurance Companies to protect my assets while house is in rehab. Thank...
Victor Rios
Buying my 1st SFH in Houston !!!! Looking for Home owners insurance!!
Hello All,I'm in the process of purchasing my first rental !! Now, I am looking for home owners insurance for my property. I been looking but some are a bit pricey affecting my CASHFLOW !!!. Can anyone refer me a to ...
Clay Cook
Whats the best way to calculate returns with a variable rate?
I’m looking at a commercial loan for a tri-plex, and I want to know what’s the best way to calculate returns when your mortgage rate is a variable rate?
Sean D.
Using line of credit to fund rehab
We have an unsecured Personal Line of Credit for about 3 years now and have not used it. We're currently under contract for a property in a promising area which we're paying cash for and not looking to dump anymore l...
Nicolas Vinot
Need Utility Benchmark Data: What is a reasonable water Bill ?? Help
After I asked my plumber to come to my properties and look for leaks, I came to the conclusion that my quadruplexes have huge water bills (water taxes?) and there is nothing I can do...
I live in Grosse Pointe (nice ...
Clayton Newman
Deal analysis without pre-approved financing: what benchmark do you use?
Hello,I am early days in researching/learning and it's the holidays so I haven't reached out to lenders for pre-approvals yet.In the absence of a pre-approval rate, what ballpark figure is least bad for evaluating dea...
Jeremy Komer
Not Enough Money to do all 3, Have to pick 2 =( need help picking
Hello everyone, for once I actually have more good deals on my plate than I can actually finance.I feel safe doing 2 because I like to have a solid amount of money to deal with unexpected items like furnaces or water ...
Bukka Levy
How much should I expect to pay for rental insurance?
I’ve seen others post the expect to pay around $500 for an annual policy. Is $500 a reasonable benchmark or is there a percentage of cost/value that I should be using?I’m about to close on my first out of state rental...