Rob Krach
Commercial (Multi-Family) Financing Pain Point
As this specifically relates to my job I have some questions and hoping for any insight from those who have gotten or applied for commercial financing with a bank for an apartment building with 5 units and above:What ...
Derek Sziga
About to purchase a condo! Have had mixed feedback. Do I backout?
Hi everyone this is my first post hopefully in the right forum!I am looking to purchase my first rental for a buy and rent long term strategy.Rundown as follows:-It is a foreclosed condo in an HOA that allows rentals....
Steve Smith
Dollar-Cost Averaging Applied to Rental Property Acquisition
I've been listening to @Scott Trench's new book, Set for Life, recently. Scott discusses the concept of dollar-cost averaging a bit as it relates to investing in index funds. This makes a lot of sense to me and I've...
Tyler Clearman
Advice on my first ever property Analysis?
I just did my first analysis on a property. I used the Rental Property Calculator. Can anyone check to see if I did it right? I got the annual property tax off of a property shark website. Here is the link to my analy...
Manley Woods
Buying property in Missouri.
I’m in the process of purchasing a duplex in Columbia Missouri (zip code 65202). It needs a decent amount of work, and I’m buying the property as is. Both units are occupied, and there will be positive cash flow. My p...
Manny Garcia
ReFi issues and the BRRRR method not an option in this market?
Hi y'all!I have a quick question on an issue that came up when reaching out to local banks/credit unions when discussing their ReFi options.I've contacted 8 local banks and credit unions and the issue is that they wil...
Tab Teehee
Per unit budget...can we see yours?
Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
Jared Souder
Keeping utilities in your name or leaving it to tenants?
Is it better to make tenants put utilities in their name or to keep it in your name and just bill them directly for it? I haven't read much about landlords doing that, but it seems like it would be simpler in the lon...
Avi Garg
Time to fill a vacant unit in Cleveland
I have a duplex that is ready for tenants and is being advertised as such by the PM. However its been 3 weeks and not much in terms of foot traffic and applications. How long does it usually take to fill vacant units ...
Kyle Pierrehumbert
First Rental property- when to lower rent?
Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...