Alexandra Psarakis
Putting a property under a trust
Hello- My mother and grandma currently have a property that they own together. As they are getting older they would like to put it in a Trust in which I would be apart of and be the successor trustee. I was just wonde...
Sylva Menard
How to hire and manage a prop manager (extended stays+leases)?
How do *you* go about hiring a decent manager? Where would you look for someone?
I imagine having to train someone up who wants to do this themselves... high level of quality control required. We've been self-managin...
Jordan Mummau
Need Advice: Financing Vacation Home & STR
Rates are low. My wife and I are considering purchasing a second home in the Florida Keys. It appears as though qualifying for a 10% down second residence loan is a pretty common program throughout the mortgage commun...
Tyler Williams
Cash on cash return goals
I’m interested to know the current cash on cash ROI goals for BP members when investing in small multi family properties.Currently I shoot for 8-10% including vacancy, capital expenditures/repairs, taxes, mortgages an...
Eric Messick
New member from south jersey
Hello all,My name is Eric and I am very interested in transitioning out of my current career as a CPA and in to a career in real estate investing. I've been working in accounting for over 15 years however, I believe i...
Dana Powell
How to co-own when she buys into my existing property?
Hello BP--I own a SFH rental property valued at $800K with a mortgage of $277K on a 1-yr ARMcurrently at 5.125% amortized over 25 years with a $3600/month gross rent.A friend and I are considering co-ownership: she wo...
Sant S.
Deal closed, but not sure about financing.
Hello all,
I closed on one of two multifamily properties below in late 2013. I wanted another set of eyes to look at the deal numbers and give me some feed back on one of them. After reading this posting I ...
Account Closed
Portfolio Exits
Any success stories regarding exiting a portfolio of rental properties? Specifically single family home rentals?
I've seen some stories of buying apartment buildings, increasing occupancy, renovating, etc and...
Larry Zucker
Took the plunge - Townhouse in Raleigh
Investment Info:
Townhouse buy & hold investment in Raleigh.
Purchase price: $195,000
Cash invested: $40,000
First investment. Purchased townhouse with renter already in it. Has HOA which cover...
Nicholas Salman
Should you purchase your property cash?
Let’s take a deeper look into investing for beginners.
“Should I buy my house cash?”
Depending on what your goals are this could be a necessary move or you will find there are better ways to leverage your capital. ...