Nicholas Burch
Evaluating Cap Rates
How do you estimate the ''exit cap rate'' on a commercial property? I understand that you can evaluate a sales price based on what the seller or broker presents as the cap rate and NOI, but how do investors determine ...
Sunny Malik
High W2 Income w/ 3 new rentals - What do I do?
Hi BP,
Over the past year me and my business partner built 3 new homes in the ATL area. My business partner works in real estate full time and I bring most of the money to the table through my high W2 income.
Ther...
Andrew Bondarchuk
Creative ways to raise capital
Does anyone have any?I am trying to think of ways to raise money for a down payment to break into the REI world, and my wife and I have been kicking around some ideas. This would be in addition to our full time jobs w...
Shawn Torsitano
Is It Wrong to Kick Out a Tenant So You Can Move In?
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
Account Closed
Fake reviews: Is this mortgage broker legit?
I found a mortgage broker online (on lending411) as I was annoyed with my national bank (which I found is being sued by the govt!) for giving me the run around and pretty much taking so long on my application.
...
Mark Brennan
Tenant’s refrigerator broke.
A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
Kevin Castaneda
Foundation Overkill and Appropriate Beam Sizing
Hey BP friends,Backstory:I'm in process of rehabbing a 1920s house in San Antonio, Texas, which has a cedar post pier & beam foundation. The house is 1600sqft total with a second story being only 500 sqft. The fou...
Manik Jain
NACA Mortgage Program
Hi,I am based out of Harrison, NJ and was looking to buy a multifamily using NACA mortgage. I recently got approved. I wanted to know if people have invested in cash flowing multi-family with NACA and how their experi...
Kwame Knights
Using Wholesalers title company
Good morning BP,
I'm looking to acquire good cash flowing rental property in the DMV area and have a few leads from wholesalers. A common theme i'm noticing is that they are requiring that i use their title company. ...
Nicole Williams
Newbie Question
So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...