Hi BP members!Here is a short story with a key question.I am based in Toronto and invest in few rehab properties in Kansas City MO.Since I am far away, at certain point I start using the local real estate agent I ...
Hello,I have a single family rental, the city will allow me to build a detached garage with an apartment above it and convert the property to a 2 family. The property has a 250k mortgage (4% Apr). and is worth around...
Hello - wanted to get everyone's thoughts on a renovation situation I am currently facing. I have a 130 unit exterior corridor hotel property that is currently being renovated. Specifically, the entire front facade is...
I've done some research on Memphis Invest, spoken to one of their sales team on the phone and have a close personal friend who's been investing with them for nearly ten years. They seem pretty great to me.Just to pla...
Does anybody think Historic West End will cap at soon PPSF or do you think the prices will keep rising? If you think they will keep rising what do you think the cap will be PPSF? I am looking at a house that would wor...
I am working on getting quotes right now and hoping to get some feedback and what is a must. How much for personal property and loss of income? How much for liability?Basically, I don't want to just get the bare minim...
How are you determining windstorm and flood insurance costs for properties in the south Florida market? For those of us who cannot pay cash and require a loan, banks require windstorm insurance and many times flood in...
I'm looking for some serious advice on how I can get financing. I'm 24, credit score 772, I have a LLC that not even a year old. I have 3 credit cards, Capital One $3500, Chase $2000 and my business credit card with N...
Dear BP readers,
Could use your creative minds to see what the best course of action is for this prospective client. Here is the situation...
Motivated seller came to me through my website. They are moving. They ask...
5.25mil-ish48 units83% occupancy for 2024. Rents are well below market value currently. I am new to this multifamily/commercial side of things. I was offered LTV of 54%, 6% rate from a commercial lending institution b...