Torey Owens
Refinancing from Hard money to traditional long term
BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...
Marc C.
Legal: Selling Securities to Non-Accredited New Mexicans!
Did you know that New Mexico has one of the most accommodating securities laws in the country? Under the 202X exemption, investors can raise up to $2.5M from non-accredited New Mexican investors if the funds will be i...
Nancy Curran
Can't get into a property, any suggestions?
I identified a rental property that I'm interested in and my realtor called, made an appointment and we were told that the tenants need 48 hours. Fine. So 48 hours later, we go, and the tenants won't let us in. Turns ...
Erik D.
Association Account being used for Pizza, Groceries, Gas, Liquor
Hi everyone,I have a situation on my hands that I am not sure how to handle.I live in a building that has 4 units. Each unit is individually owned. We have a self-managed association.The association has a business che...
James Robertson
Multifamily investing without professional credibility
What are some strategies to establish credibility with commercial brokers for a new REI seeking small multifamily units intending to use business credit for financing?
Jon Wimmer
Loan advice for househacking Tulsa area
Hello BP!I was wondering what type of loan I should expect from a lender if I have a good credit score, working as an engineer, and am looking to live in a small multifamily in the Tulsa area. I want to be able to wra...
Nathan Adams
Electric meters wired wrong, not disclosed by prop mgr/realtor
I bought a 5Plex from a realtor/property manager (same person). The two basement units were just sheet rocked and needed to be remodeled, making the building a fantastic value add deal as they would be delivered vacan...
Alex Tkachuk
What the job of a real estate agent will look like in 10 years
Predicting what the real estate industry will look like beyond 10 years is hard, but I can safely say this: Within the next decade, real estate agents will no longer be showing homes – with exclusion of the luxury mar...
Clark Michael
Starting a Property management company?
I can't seem to find a decent property management, but I know I could build a great team for it. Thoughts and concerns about starting my own property management ?
Travis Hibbard
But I just started - Property Management
How is it going this poorly already?Ok so here's the backstory. I went under contract a month ago and began my search (armed with BP advice) on the questions to ask to find a great manager. I chose the ppty manager ...