Quinton Schultz
Will installing Electric baseboard affect my ARV?
Hi, currently have a house that I’m flipping that the boiler is shot. It currently doesn’t have any gas lines either. Would replacing with Electric baseboard effect my ARV a ton? It is 1,000 SQFT and located in the No...
Shannon Trivett
Duplex issue - noisy neighbors
I accepted new tenants to one side of a duplex Oct. 1, 2013. They have since had a party approximately once per month. Each time the tenant in place on the other side of the duplex has called and complained about t...
Taylor Gaines
LLC refinance on duplexes
Hi I have two duplexes and they are both in my LLC. I would like to cash out refinance them both but mortgage lenders are saying I need to put them back under me personally. Is this the only option and what is the mos...
Darlington Agu
Looking for refinance option
HiHope everyone is doing well, I’m currently looking to refinance my two properties out of a hard money loan. The lenders ive reached out to (rcd capital and the loan guys ) have both seem to be pretty restricted beca...
Mario Cascio
Deadbolt on Detached Garage?
I'll be closing on my 2nd rental property this year. The first rental came with renters so there was no need to change the locks.But with this one I will be.I'm currently leaning towards purchasing the MFS Icore Dead...
Jarreau Jackson
Review &Feedback on Househack/ Rent by the Room Lease Agreement
Hello BP Community!
Strange request - I finished drafting a Lease Agreement (See Attached below) to rent out vacant rooms in my house and seek input on it. I'd appreciate feedback and questions for clarification. T...
Mason Liu
Syndication & Private REIT Key Terms & Definitions (Glossary)
Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...
Mollie Hess
Hard Money Direct Deposit
Hi everyone. I've been in contact with a hard money lender and their information says that they direct deposit the loan amount into my account. I hadn't heard this before and wanted to know if this is common practice ...
Faraz Tariq
Splitting Gas/Electric Utilities or alternative?
Hi All -I just closed on a two flat + in law in Chicago (Portage Park) and I'm having some challenges on how to properly manage the utilities. This will be a house hack and a long term hold. Currently there are two ...
Brian C.
How to analyze a multi-family deal before due diligence
I recently visited a 10 unit multi-family property with a broker and liked the property. In most circumstances, I request the rent roll and last 2years of financials, so I can run an analysis on the current actuals, t...