Robert Sorrels
Won Foreclosure Auction! Now what?
I put my 10% down, and am looking to insure the property while I deal with current owner residents. It is my understanding that this needs to be done asap since I am aquiring it as is where is..How should I approach t...
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
Introduction:
My name is Peter Firehock, I am currently an Acquisitions Associate for a multifamily investment fund in Washington D.C., BPG Holdings. Multifamily real estate has traditionally been a stable asset cl...
Cameron Riley
LANDLORDS!!! - How to Handle The security deposit?
- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...
Harsh Patel
2018 Cash Flow Markets for Properties
I saw a similar discussion for 2017, so wanted to start one for 2018. What are some decent markets out there for good cashflow properties? Thanks-Harsh
Lloyd Segal
Economic Update (August 3-7, 2020)
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
Patrick L.
Bought my first Tax Deed property today
Inventory has been pretty scarce the last few months for the type of properties I usually buy as rentals so I figured I'd take a shot at the tax deed auction. There were 3 I was going for and I was able to land one o...
Paul Sanchez
BRRRR Method Using HELOC with Rising Interest Rates
Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...
Mike H.
Am I obligated to compensate tenants?
I own a condo property in Dallas area that had 5-6 leak incidents from the unit above. I, as the Landlord have responded all repair coordinate/cleaning within 24hrs after the report. However, the tenant is now threa...
Nick B.
Underwriting apartment expenses - small properties vs. big ones
Hello BP!Are expenses per unit significantly different in small apartments (10-50 units) versus large ones (100+ units)?I came across a couple of listings for small apartments (16 and 36 units), where stated actual ex...
Kevin Scott
is there a way out of paying 20% down payment?
The 20% downpayment on my first multi-family is holding me back. The money is there but with additional money to be spent fixing the place up it is going to shrink my savings quite a bit. I'm curious to hear what ot...