Jamie Montpellier
Should you buy turnkey or fixer uppers? Pros and Cons anyone?
Hi everyone,A business partner and I are on the brink of making our first joint venture deal but are faced with two different scenarios. Scenario 1 - Buy a 4plex (New build - less than a year old)Asking Price : 600,0...
William Patsalis
How to maximize a short-term rental's cash flow
I am currently looking into purchasing a 3-unit property on a lake that is in need of a cosmetic update. I know a lot of the common sayings to increase rental/occupancy rates involve taking professional photos, creati...
Edita D.
Tenant submits a LONG maintenance request list right after moving in.
Hey guys!We have a 3-bedroom house in Fort Worth, TX area that we just got move-in ready.The new tenant moved in (he's an OWNER in another state, relocates to TX for several years for work, has a dog: german shepherd)...
John King
Important Financial Statements
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
Matt R.
Rei acronym IRR? Internal rate return
newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt
Charlie Redding
Loan structure with partners
Hey all,Two partners and I are looking to invest in multi-family real estate. We live in the Seattle area so prices here are astronomical -- hence the need for three partners. The benefit, of course, is that rental ra...
Brandon Arnett
Biggest headache with rental properties?
I plan to get into this business and I’m wondering what your guys biggest headaches are in dealing with it. I plan to use a property management company to handle that aspect. I’m interested in Las Vegas which is where...
Casey S.
Interest rate increase influence on house prices/ rental rates?
I havent been around long enough to see high interest rates. How much does it usually affect house prices? Common sense says that when rates go up prices go down but what could we expect to see happen if rates went up...
James Lapp
Tenant Base and vacancy rates in New London
I'm new to the southeast CT and am looking to purchase multifamily properties in New London area. I'm trying to get a sense of (1) vacancy rates and (2) what I can expect as a tenant base. For example, I looked at th...
Matt Kitchen
Durable and Timeless Materials
I just finished BP podcast ep. 48 and the guest gave a lot of good advice, but one piece he gave that stuck out is that he buys durable materials that aren't just "trendy". They withstand the test of time financially ...