Mary M.
Different financing scenarios...... help me brainstorm.
I am sitting on some capital that I would like to invest. I also own some property that is free and clear. In total I have 10 units... It is new and higher end. CAP rates are 5 - 5.5% I am trying to understand what...
Richard F.
New Hawaii Law- Income Discrimination
Aloha,https://homelessness.hawaii.go...As has been seen in other States, this has been adopted and is now in effect here.Questions for the Legal Minds here on BP:The current HAP contract is 13 pages, and the Tenancy A...
Ian Handel
Options after 1 year lease
Happy new year.
I have a tenant who is 4 months into his 12 month lease. What are my options for when he arrives at 12 months. I am in NH.
I could resign a new 12 month lease.
Go month to month.
...
Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
Daniel Reyes
Investor Relationships | Multifamily
Good evening BP!
One of the critical, and oftentimes elusive relationships in multifamily investing and deal syndication is the capital investor/LP. The Sponsor/GP has the option of fundraising from family and friend...
Nicole Sharpe
Any tips for trying to House Hack a multi-family in Brooklyn?
My family of six plus our live-in nanny are looking to relocate back to NYC and we're interested in buying a 3-4 family home in Brooklyn and living in one of the units. For personal and logistical reasons (i.e. work, ...
Chuck Brickman
LLC in Texas
Does anyone have any information on the Franchsie Tax for LLCs in Texas. I'm a small investor and want to know how it will impact me if I go LLC.
Thanks
Raj Parwani
Multi family :calculating purchase cost
so lets say the NOI is 100K . if you want to know what price to offer , would you use 6% cap rate or 9-10% cap rate. With 6% cap rate you would offer 100K/6% = $1.67M. but with cap rate at 10% : 100K/10% = $1M. How do...
Matthew Albritton
Separate Bank Accounts per Property?
Hi Everyone,Quick question. I heard it is a good idea to have separate bank accounts per property. Is this recommended? Are bank accommodating?Thanks!
John Bastidas
Orlando, FL - First Condo Purchase
Hi I am looking at buying my first condo in Orlando, FL and the analysis I have done so far gives me a 17% Cash on Cash ROI. I am curious about insurance, does a condo HOA cover roof and outer walls? I called to get a...