Sal G.
All Cash vs. Mortgage
I've signed on a $655,000 condo on the upper east side of Manhattan and we are set to close on Feb 1. Taxes, common charges and insurance will run about $1000 a month and I've found someone to rent it for $3200 a ...
Toro Tran
Unique Tenant Situation
Hi all!I have a unique tenant situation, to say the lease (pun intended). The property is located in the tenant-friendly state of Massachusetts, in the city of Boston.I have a lease agreement with a tenant that ends i...
Jared Carpenter
accredited investor process
How does one become an "accredited multi family investor" and what criteria is used to measure this?I am currently in the education phase of my journey, but also realize that I may be in a position to invest into larg...
Anders Jax
% to pay a dedicated equity raising partner?
So if my firm hired someone to raise equity for us, and of course they wanted compensation based mainly on how much equity they could raise us, what would you think is fair breakdown (yes this is legal, I've consulted...
Bryan Hancock
How Much Liquidity To Carry In Your Portfolio
For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...
Dan Kelley
Cadet Heaters- Eliminate Boiler Baseboards
I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
Varinder Kumar
Building an ADU in backyard of current rental
So my current rental is doing great. I am looking to building a 300-400sqft additional dwelling unit in the backyard. I called the city already in regards to this an waiting for them to call me back. We are going to d...
Account Closed
Loaning your own money to your own LLC?
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...
Brad Larsen
How Can a Management Company Succeed in Managing AirBnB Rentals?
With the upward trending of AirBNB and VRBO, I am looking into finding out more about how a management company can turn the management of those types of units, and those types of investors, into a viable business mode...
Andrew Schlessinger
Salt Lake Area Investing
Hello BP Friends!I'm a small investor in Baltimore, Md (4 rentals and counting!) and have a friend who is looking to invest in the Salt Lake City area, so I wanted to get a pulse for the rental market. He's not sure ...