Are you accepting a lower CoC return than you historically have due to interest rate hikes? I am finding it almost impossible to find a 30% return (the gold standard for STR's) due to interest rates being this high. A...
Hi all,I’ve spoken to multiple lenders in the greater Atlanta area who require 25% down for an out-of-state investment property. Seems pretty standard for the area, but does anyone work with any banks/credit unions ar...
I'm working on an interesting deal that I want to know the best financing option for. I currently own a property that is financed through a family member. This family member needs to get out of the deal to free up s...
Hello,I'm working on an operating agreement for my partnership LLC. So I have a passive partner who paid for the initial investment (downpayment and closing costs) of the property. I didn't pay for anything since I fo...
Hello BP community - question for you all regarding an infill development project in Colorado. Quick background: 3 partners have come together to form an LLC for the sole purpose of buying a parcel of land, developing...
Is it the industry standard with short term rentals for the property manager to be the legal owner of the listing(s), or is it the industry standard for the property owner to be the legal owner of the listing?
What is the standard for Pet Deposits in the industry? We have a 2/2 apt that we have maintained well, mainly because we do not permit pets to renters. However, I am thinking of changing to appeal to more renters. Any...
Hey everyone - I'm trying to learn more about the challenges of utilities management for landlords. Does anyone have any pain points / challenges that they'd love to share?
For context, I'm currently doing research o...
Want to buy and hold and fix up. Lender gave me these terms. Should I try to get them to extend term to 24 months and drop the origination fee to 1%? I have no experience in commercial loans. Thanks in advance!
So what is the main thing financial criteria you're looking for: Cashflow of a certain amount?, a certain roi percentage? Buying for certain percentage of ARV? Cap Rate %?, Cash on cash ROI %, IRR? ?????
I ...