Chris Troutner
Using appropriate comps for multi-family analyses
Hi, I am a new BP Pro member and I am committed to making my first purchase in the next couple of months. I am analyzing as many properties as I can. I am very interested in small multi-family units (2-4) as an initi...
Moy Sanchez
Balloon Loan for BRRR, appropriate or incompatible ?
Hello, Met with a banker today and was told I could be approved for a 3 or 5 year balloon loan. Does anyone have any experience using this format? Or does it just not work with BRRR. Thanks in advance
Damien McDonald
Construction loan appraisal - cost approach most appropriate?
Hi guys, when obtaining a construction loan from a portfolio lender for new construction on an empty lot, I would think the cost approach to value would be the most appropriate for the appraisal. I was given an apprai...
David Leudemann
Most appropriate capital stack and proposal templates
I have a stabilized rental portfolio that I'd like to recap to enhance cash flow, acquire new properties, rehab existing properties and build on an existing lot. What's the most efficient capital structure to pursue ...
Sudhanshu Saraswat
What's an appropriate amount to raise rent?
Question for those of us who own units in the city:
I'm a first time landlord and nearing the 1 year renewal date for my tenants.
I was curious about the community and opinions on what an appropriate rent increase...
Brandon Murillo
What details are appropriate to tell buyer
Properties I don’t have under contract can be up for grabs, how do I know when to stop telling the buyer things? My concern is with enough details like town, and price listed or arv, they can cut me out and go right t...
Cody Barrett
Is it appropriate to shadow handymen/contractors?
Hello everyone!Newbie here who will be closing on my first property in the coming weeks. (banks take forever!) but it has let me create/setup my business and get an LLC filed by my lawyer even though I'll only have 1 ...
Austin Jones
Family member financing down payment. Appropriate return?
I'm looking into buying a student rental property. I have a family member offering to front me the $25,000 down payment. I have the money in savings, but also have a young family and this feels like a good opportuni...
Ruth Buckley
Rental questions - Realtor not advertising rental appropriately
Hi BP landlords, Two quick q's I was hoping folks could help with: 1. We put our townhouse on the market for Sep 1st rental last week with a realtor. He told me it would go out to '500 websites'. The townhouse is pret...
Scott A Smith
What savings amount is appropriate to get started?
Hi BP folks,A bit of a long lead-in here, so please hang in with me - I lost my job at the end of 2017 as my company downsized my entire department. My wife and I were making HH income of $160-190k in an average COL ...