We have a SFH that we are currently renting as two one-bedroom units. The property has zero debt on it and most recent appraisal was for $187,000. We attempted to DSCR this property to pull out equity but were told by...
We are expanding our management business from just our private STR properties to a full management company. I am looking for a company to handle all bookkeeping and accounting for our property management company
What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?
Hello! Long time lurker, first time poster here.
I'm extremely interested in the syndication model for acquiring multifamily properties because my business partner and I are pretty adept at networking and raising ca...
I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
Hi BP,
I was wondering if anyone here has experience partnering with someone but only financing under one person's name? I am asking if this is possible so that a partnership could theoretically have 20 conventional...
Hi, I’m Lily, and I live in Houston. I started long-term rentals last year with a focus on Section 8 properties. However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,0...
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Hi there,I couldn't fit the full description in the title. I'm looking for San Diego banks that open accounts for Foreign LLC's without asking you to register said LLC in California as a Foreign LLC. I don't want to d...
Conservative Analysis, Restful Nights
With coronavirus, there has been some uncertainty in the single-family and multifamily(100+ unit) space.
Over the last year, Courtney Buck Investments has been sourcing, raisin...