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Hello,I have purchased a townhome with cash, free n clear. It’s a new construction from builder. I need to finance it now (to pay back the money I used for it). Is this also a cash out refinancing? Do I have to wait ...
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I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent? What...
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As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening. However, the role of a p...
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I’ve come across a off market 12 unit apartment, for sale by owner. Sale price 660K. Current rent is 575/unit= 6,900/ month. Local market supports 625/month. Expenses are approximately 1,700/month. My question wh...
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Just released today. Aug. 26, 2020
https://www.sec.gov/news/press-release/2020-191
In conjunction with the adoption of the amendments, the Commission designated by order holders in good standing of the Series 7,...
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I'm thinking of attending one of Rich Dad's Free Workshops in my area next week. It's a 2-hr workshop, & attendees receive a free cd entitled "Budgeting Your Money", which I'm really interested in hearing. The wri...
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I've bought and sold some apartment buildings along with several other commercial buildings that I was able to do a value add to, so I used the same principle to underwrite this mini-storage but what they are asking a...
I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new ...
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Hi,I'm curious what guidelines you follow to determine if adding value to a MF apartment makes sense? For example, lets say that updating each unit can increase rents by $100/month. What is the max that you'd spend ...
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Hello BPSo we have successfully closed on the project and distributed our welcome/intro letter as the new Owner/Management. We have two tenants who are up for renewal and would like your opinion on how to proceed wit...