Spud Davis
Add bedroom - Increase Rents - Adding Value
Hello friends,
I'm looking to acquire my first multifamily property. One property I'm looking at has four 1-bedroom units (all occupied) $900/mo, and I plan to add a bedroom making them 2 bedroom units 1,300/mo. My ...
Colleen A Levitt
DSCR out of a DSCR?
About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...
Steve Sellers
[Dallas-Ft. Worth] Do renters really care about having HOA?
I am a buy and hold investor focused in DFW area. I look for SFHs generally meeting these criteria: (1) great school district (Plano, Frisco, McKinney, Rockwall etc), (2) low tax rate 2-2.2%, (3) No HOA. I know the va...
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?
William Espich
Out of state investing - Texas to Indiana
Good morning everyone,
I currently live in Austin, Texas and operate a small exterior construction remodeling business. As most people know, our market is just over-saturated and crazy with investors and the prices ...
Jack Tucker
What are your best "Special Stipulations" for leases?
Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
Filipe Pereira
The End of Fake ESAs / Service Animals?
What's your worst ESA / service animal story? Hopefully that's well behind you...I've long said that it will take big money lobbyists (likely from the air travel industry) to push into motion some type of regulation o...
Bailey Clay
Open Spaces Capital Cohort (Investment)
Hello All,
Strongly considering joining Palak Shah (BP Podcast 368) - Open Spaces Capital Cohort. This program goes into systems put in place for the BRRRR strategy to super charge you're real estate business . Reach...
Marissa Myers
Calif’s new granny unit law & ADU flips: is CA the next Portland?
I am happy that California has passed a new law that eases restrictions on secondary units, effective January 1. When Portland did something similar, it sparked an ADU boom. Permitted ADU projects skyrocketed, and a c...