Nili Yosef
cash on cash and closing costs- need your opinion
Hi All,These days what would you consider a minimum cash on cash return on a small multifamily (4-8 units) that you would be comfortable with to make purchase? And from your own experience how much was the closing cos...
Greg Schreffler
BP Rent Estimator
Alright folks, I'm embarrassed to ask but I need it explained in a way that makes sense to me.On the BP Rental Prop Estimator (under Tools) (Median Rent) let's say is $2500, but it's a duplex. Does that mean that you ...
Account Closed
Units managed as a property manager
Focusing on property management for a minute...
How many units do you manage directly? Or maybe you outsource the management so you manage none directly.
A quick poll to get a sense of who is managing and who is doi...
Rob Beeman
Newbies can get 100% Purchase & Rehab Financing too!
Some rehab style lenders make it difficult for newbies to gain maximum leverage due to lack of deals done.......NOT US!
As a direct short-term rehab style ender we lend to NEWBIES 100% of purchase & 100% of the r...
Marco Campos
Visiting Cleveland, seeking advice & looking to network
I am planning to visit Cleveland Aug 2-3. I would like to make the most use of my time in knowing the market and networking with real estate friendly professionals. If you are a wholesaler, contractor, property manage...
Dustin R. Smith
Flipped condo won’t sell-lending changes
I have not ran into this before...advice wanted.
I flipped a condo, which I have done many of times successfully. This one was different in that it is in a bit rougher part of town, but units sell. My agent told me ...
Bob Manning
HELOC and financing question
Hello BP,I had a question or I'm looking for advice on my HELOC.I currently own two short term rental condos at a Northeast ski resort. Everything is going really well for both condos. I'm getting great nightly rent...
Sam Chan
What worked for you in Seattle
Hello, I'm looking at Seattle hot market right now and nothing really seem to fit the 2% / 50% rule right now.I have 2 questions:1. is everyone just playing the appreciation game?2. does the 2% / 50% still make sense ...
George Glessner
LLC For First Property / Managing?
Hi all! Still new here and have been doing a ton of research before I buy my first property. I've read countless threads on this topic, as well as "The Book on Rental Property Investing". My tentative plan right now i...
Thomas McTier
First Duplex Purchased - Cleveland Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cleveland.
Purchase price: $130,000
Cash invested: $32,500
Duplex
Purchase price: $130,000
Cash invested: $32,500
Mon...