Jonathan Makovsky
Obtaining a Commercial Mortgage: Broker vs DIY?
We have a 16-unit multi-family in Central Connecticut under contract for just north of $500K and would like recommendations for obtaining a commercial mortgage. Should we shop the loan ourselves to portfolio lenders, ...
Gilda L. Sauceda
New Construction VS Older properties for the beginner.
Hi Everyone!
I'm a beginner and would like to know if you think a new 4PLEX construction (House Hacking) is better for the beginner rather than an established older property?
I spoke to someone that advised me tha...
Jennifer Lee
multi unit commercial retail/office?
Hi BP,
I am not sure how to search for this topic here.
When I search Multi unit commercial (usually its apartment or 5+ units and above)
I am new to this.
I have a unit that is in a "shopping center" ran by the ow...
Henry Clark
Self Storage- Cost Segregation Basics
Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...
Rick L.
Appropriate Cap Ex, Repair/Maintenance, Vacancy Expense Estimates???
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
Ryan Lockstein
Finding Larger Off Market Multi-Fam Deals....
HI BP,I have been wholesaling/flipping SFR's for a couple years now full time. Typically I am using Direct mail and web leads to get my deals. We have recently obtained funding to do a larger Multi-family deal (10-...
Mike Rubin
Buying my first property while I have student loans; bad idea?
Hello All,
I'm looking to jump in and get my feet wet. The only caveat is that I still have student loans…
I currently work in Hartford, CT making a slightly above-average salary for someone two years out of college...
Sam Leon
Tenant wants to break lease and has a friend to inherit lease...
So I got a phone call from a tenant who is six months into a one year lease, she is moving in with a boy friend.Lease has an early termination fee of two month's rent. I am holding a security deposit and last month's...
Chris Jargens
Quality of housewrap question
Hi everyone,I'm building a new property with the intention of house hacking. The house has been framed, windows installed and drywall put up. I've been doing a lot of research into the WRB that has been installed. It ...
James G.
What is the best way to raise money for a multifamily deal?
Hello BP,I have read that for multi- family, sometimes it is better to find the money BEFORE you find the deal. I also know there are some SEC regulations when it comes to raising money for deals. In your experience, ...