Raj Kumar
Need advise on commercial financing
I bought a commercial building 7 months back in an auction for 240k(all cash). Now the building is fully rented and has positive cash flow of 2500$/month. But all the banks I have talked to so far(both big and communi...
Nick L.
Looking for Insurance recos for a 4 Unit and 8 Unit in Chicago
Hello BP,I hope everyone had a great Thanksgiving holiday and wish everyone Happy Holidays!I have two buildings in the Pilsen area of Chicago that I would like to shop insurance for. One is a frame 4 flat and the othe...
Jack Tucker
Just got a gas / convenience store under contract - help!
College town of Athens GASame side of the road and around the corner from a large trailer park.A good bit of development coming into this corridor.Healthy and growing traffic countOwner wants to retire but willing to ...
Terone Johnson
Capital Gains Tax or Income Tax paid on Transaction
Hey Everyone, need some help here. Does anyone know how I can find out what capital gains tax or income tax my seller would be charged on a specific deal I am in the works with right now? Seller wants to know how much...
Hector Caballero
Determine the "finders fee" in a wholesale deal
what would be the best way to determine how much of a fee one will charge as a wholesaler? I'm sure there's plenty of choices so I'm curious to see everyone's input. Would you base it off the purchase price and how mu...
Chris C.
Deal analysis: Does this one fly
Hi all,
I am still looking to make my first purchase, and this is a fourplex I am seriously considering. I would like some input on the numbers. The city I am investing in is a "depressed market", meaning no jobs are ...
Walker Hinshaw
Does This Seem Fishy?
I have a property in Denver that I was looking at on a site called Redfin and in the description was the following phrase: "We will not schedule a showing until we have a fully executed contract." The deal is one of t...
Jorge Vega
Rental Property Managements
I am new at rental property management, I have two new customers that would like me to manage their properties. I would like to know if there any sample documents or agreements that you have to let your customers sin...
Caleb Campbell
Traditional Investment Financing Question
Hello my name is Caleb and I’m looking to buy my first rental property. I have some money saved up but less than 30,000. I am approved for a traditional investment mortgage but only about 100,000 with 20 to 25 percent...
Mark Butler
Reliance on Property Manager for New Lease Up
HelloI am an MBA student interested in investing in rental properties within 18-24 months of graduating from school. I would like to hear from the forum whether investors tend to lean more on their property managers (...