Hello all, I am reviewing a syndication opportunity where the sponsor strategy is to improve the operations & rent of the current apartment, and cashout refinance in year 3. 1. The sponsor assumption is to cash ou...
Hi, I'm closing on a multi-family 4-plex in Phoenix and I'm starting to research property management companies. I've noticed that some charge a flat rate vs taking a percentage of the total rental income. The flat r...
Hi BP! I came across an SFR foreclosure that I am seriously considering flipping and wanted to get some much appreciated feedback on my first analysis from any of the more seasoned folks out there. Well, here it is: T...
Hey all,
Long time reader/listener, but my first time posting here!
My dad and I are going to buy a Short Term Rental in up north Michigan. We met with a management company (Evolve) yesterday evening. A couple qu...
We currently have 2 duplexes and looking to expand our portfolio by using the BRRRR method. We have enough money in HELOCs and cash to fund the purchase and rehab steps. However we have been having trouble finding a l...
I've been working really hard to get my first wholesale deal done. I got to use spare time, because of a 65+ hour work week at a job and family. But hey! A guy can only do what he can do right!?
My phone rang yesterd...
I'm in the process of moving several rentals.. 9 units right now into an LLC and trying to separate personal and business finances/paperwork. Anticipating being up to 20 in the near future. I'm also trying to move eve...
Hi everyone!I recently moved to the north Austin area and am interested in purchasing some rentals in the Killeen/Copperas Cove area. I've heard that renting to AD military can sometimes come with headaches. With th...
Hi everyone,I'm a (relatively) young, single guy, moving to Chicago in a few weeks. I've been a renter all my life, and I'm considering my options here. I'm not sure how to proceed, so I thought I'd sign up and ask fo...
I have a small multifamily with a coin washer and coin operated dryer. I would like to convert them to card machines. Does such a conversion exist? Would it be brand specific?