Jonathan Orr
CAMs and what is included
Hi BPI wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonder...
Samantha M.
Appraisals: Used mostly for loans?
From my limited understanding and searching around on google, it seems appraisals are mainly important when there is a loan of some sort involved. Whether its a bank or hard money lender, and the former typically both...
Jason Eyerly
How do you calculate "leverage"?
Hello BP members!One thing I use a lot in my field is leverage, and I've noticed that it's used a lot in REI as well. So how do you calculate your leverage and know when you are over leveraged? For example, how do you...
Abbott Mary
How to "practice" an analysis
I'm rereading Frank Gallinellis' book on cash flow and 36 other financial measures, and I find myself wanting to practice his analysis principles with real life properties (so much so that I've taken a break form read...
Chris Vair
owner financing until repair is completed
Hi,Quick question: I am looking at a property to flip. After rehab the sale price should be about $225K give or take. The place currently is built in 1900 and has a brick and mortar foundation that needs extensive...
Brendan Bruno
Rental Income and the Banks
I would like to know how lenders typically view rental income when applying for further loans/mortgages. Do they view this income as part of your gross monthly/yearly?I myself have a W2 job and make an about an averag...
Veronica Fort
Need to move on from my property manager
Hi,First post here. I need to hire a new property manager due to ongoing issues with my current manager. What’s the best way to give notice to my current PM? Can I email? Do I need an official document? My house is va...
Liz S.
JV Structure Question
Hi guys! Quick question: if you have ever done fix and flips with a JV partner, how have you structured the deal? I have some experience with flips and have been successful. However, we are doing a large rehab (our ne...
Caitlin O'Shea
Section 8 / HUD Contract
I'm looking at purchasing a 62 unit multi family property that has a 15 year HUD contract remaining. Can anyone help answer the following questions?1. When property ownership changes hands is the new owner require to...
Bruce Bloom
From So FL looking to invest in Duluth MN; Looking for Advice
Hi everyone! Newbie here in Miami Florida. I've been learning as much as I can for the past few months and am now in the process of looking at props. I'm interested in buy and hold to rent but am not finding any gre...