Greg Johnson
Part-Time RE Investing: Adding a 3rd Partner
Hello,
I'd like to hear folks' opinions on adding a third business partner into the mix for part time RE investors.
About a year ago, my brother and I bought our first property (multi-family) held ...
Bin Liu
Investor experience with fire damaged properties?
Hello BP family, Any one willing to share some insight on fire damaged properties? What are some additional hurdles that would need to be cleared prior to renting or reselling (is there a need to disclose to potential...
Stephanie Cessna
Rental Property that Cash Flows only by raising rent...
I am analyzing a property that came out as have a $918 /mo cash flow and a 25.63% CoCRoi. But this is when I used the BP insights calculator and had rent estimated at $1200 per unit (this was already using the lowest ...
April C.
Can I buy a STR with an FHA loan using rental income projections?
Hi all,New to the forum and appreciate your insights. We own our home and an office via a partnership and Scorp. We are looking to start purchasing STR units, trying out one to get over any hiccups and moving towards ...
David K.
Tracking PM disbursements in Stessa (or similar software)
I started using Stessa to manage a new duplex I acquired and have an issue I was hoping others using Stessa or similar PM software may know how to address. I use a PM to manage the duplex. I have linked Stessa to both...
Taiwo Okusaga
Self Storage - General Rule of Thumb/Assumptions
Hello Storage Facility Owners and Operators,
I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand th...
Caleb Vance
Pitch Deck for Lender
BP Team,I am looking to create a pitch deck for a private lender. I was looking to see if anyone has some insight on some "must need" content that I make sure to cover as I am creating it. Ideally, I am looking to add...
Stinson Bland
Square Footage Does Not Match Tax Records
Hello BP,
I recently put a house under contract and I'm looking to rehab the home. I used the square footage from the tax records to build my offer and rehab estimates. My seller accepted my offer and I was excite...
Tyler Young
Need advice for new company lending
I need some advice on securing a loan for my first property. I'm hitting roadblocks with lenders because I'm a new company, and private lenders are telling me that I haven't borrowed substantial amounts in the past. D...
Ade Akingbade
Not Going Well - Seeking Advice for Rental Property Challenges
Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:
1. **Air Conditioning:** The AC unit ...