Bryan Wegman
5/1 ARM or 30 year fixed??
I'm closing on a buy and hold property mid January 2019. My current finance options are a 30 year fixed at 5.75% or a 5/1 ARM at 5.0%. I'm curious what you all think is a better option?
Details:
4 bedroom 1.5 bathroom...
Jasraj Singh
Does laundry machine company pays us for using their machine??
If i keep laundry machines in my apartment for tenants to use will that laundry machine company pays me for keeping their machines in my apartment?
Nich J.
Insurance for Triplex
I have a Triplex in Minneapolis that I recently purchased, and I'm questioning if i'm working with the right people and have the correct insurance policy on it. I told my agent all I wanted was a policy that allows m...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Brandon Miller
Getting Analysis Paralysis on this multifamily deal...
The deal is that there are 4 units (2br each), the place is fully rented and needs zero work to keep rented. It will need a little plaster and paint work when/if the tenants turn over. The place brings a monthly ren...
Michael Mathis
Using Private Lender for BRRRR
I know this may sound ridiculous but I just did a brrrr in Houston and i am very new, I used my own money, was wondering how I can do this with a private lender and how they get their money back in a reasonable time....
Rocky Li
What to do with health insurance if going fulltime?
My wife has been quite successful as a realtor, and I am thinking to join her, but more from an investment perspective. Without a full-time regular job, we need to buy health/dental/vision insurance for ourselves.
I...
Steven Lewis
First multi-family purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Union City.
Purchase price: $420,000
Cash invested: $420,000
Purchased my first multi-family investment property. Sold my ...
Alex K.
House Hacking Question - I'm not handy
Hello Everyone, I've decided after much thinking and asking around to other investors what the pros and cons are to buy in Los Angeles where I live. I have enough for 20 % down on a 700k house and I am planning to hou...
Paul Kuhn
How to split/control heating cost on old triplex boiler
I am in the process of buying a double brick triplex built in early 1900's (southern Virginia/historic district), 1650 square feet 2 bed/1 bath units stacked on top of each other. The whole house is heated by a boiler...