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Hi all,Looking to get a quadplex in the pricey southern california market. Have been looking into creative ways to fund my first deal. Does anyone have any experience borrowing against their 401(k)? My company does a ...
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Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...
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In my experience as a property manager, the most common question is “What will it cost?” Though many questions come into play when embarking upon selecting a property manager, this is the foundation of conversations b...
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Good morning, BP.I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted...
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Ok so when I find a tenant that is qualified, I understand there are important forms that they must sign and I have to keep on file such as:
Rental application, tenant screening document, lease/rental agreement, pet ...
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Hi all,
I have only had rentals a few months and my property manager (out of state rental) was great at first but now he has spent a large amount of money on seemingly small items like $1500 for a branch removal tha...
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In the last year our little real estate company has submitted quite a few loan applications. We've received plenty of No's and just enough Yes's, but consistently the loan officers are impressed by our Finance Applica...
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Over the past 10 years I have leased a few dozen SFRs in several towns in Utah. I have also had rentals in Hawaii and California. I sometimes have one or two people mention a service dog but this spring I have 2 vacan...
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Hi Everyone,So...my business partner and I are in a jam. I decided to partner with my buddy. He and I went to go check out properties yesterday. We found one that immediately caught our eyes. Here are the issues... 1)...
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What is your min Cap Rate requirement on a 20-30 unit residential?Also consider these units are NOT new and are in good maintained condition. Vacancy rate is 5%. Rents are just about maxed out. I use Cap Rates as a qu...