Jennah Sontag
Newbie trying to understand how to scale
Let's say I purchase my first door with a conventional loan. Then to get my 2nd door, is it better to finance with another conventional loan or get a line of credit by borrowing off my first property (then get a line ...
Cynthia Brooks
Investor Advice on Chestnut Hill, Trenton, NJ
Hello BP,
Id its not too much of a bother, I have a few questions for the investors and landlords in the Chestnut Hill neighborhood of Trenton, New Jersey.
Im thinking about investing in the area. Could you give m...
Carl Fordyce
Units or properties
what do you guys think is the best way to determine how many properties do you need to reach your income goal. in other words should I base it on the number of units I need to get to my monthly income goal or the...
Hamad Khan
Should i keep buying more units or start paying them off?
Folks, need your advise on following.i have 41 doors and i am managing them all by myself, good cash flow and i guess i am about yo leave my 9-5 job. question is should i keep buying more units or start paying 41 unit...
Tychua G.
Best way to Scale based on income?
How would you take an income of $100k/year to scale for maximum doors on year 1?This may sound easy but most people default to programs like Conventional or FHA. What is an alternative to these programs for maximum i...
Steven L.
Help Analyzing a Deal
Hi - I started in earnest July 4th Weekend. I have a $1.5M deal I would like to walk through with someone who is experienced. It is a 24 unit Apartment in WI. From the CAP Rate & Gross Rent Multiplier and oth...
Donald Kellogg
About $400 per door after expenses and rehab....Arizona
View report*This link comes directly from our calculators, based on information input by the member who posted.
Christopher B.
Am I missing something or is my contractor being greedy?
I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
Craig De Borba
Looking for guidance - here’s the scenario, your thoughts?
Hi All,I’ve been learning a lot reading though the threads in this community and finally have something to post about.My background: RE appraiser and loan financing way back pre-2008 crash, helped family landlord mult...
Christina Wrightsman
Condo Unit Fire Door Replacement Company
The front door to my rental unit is a fire door. After inspection by the city, the city has determined the previous owner made some sort of repair to the door that no longer passes code. Is there a Twin Cities company...