Matthew Drouin
My second $1 million BRRRR!
Hi BP community! My name is Matt, I have been using the BRRRR strategy for about 15 years, primarily on smaller multifamily 2-4 unit. About 3 years ago, I got contacted by a real estate broker about a commercial pro...
Dave Kansagor
Best bang for your buck?
I have about $250-$300k to use as a down-payment that I'll be 1031ing out of a property into the new one. My question is, what market and with what product will my money go the furthest? MF building? Mobile home park?...
Michael Doherty
Do ARM Scare ppl as it we go into a rising rate environment?
Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
Fred Heller
50% rule question
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
Dan Earl
LVP, Laminate and Carpet all toxic? Do you consider this at all?
Hello folks!!!I need to replace the old worn carpet in my home and have been looking at installing new carpet on 2nd floor and also maybe Luxury Vinyl Plank (LVP) or Laminate for the first floor (living room, bedrooms...
Fletcher Clardy
Moratorium Effects 2021
Wednesday, May 6, 2021, Judge Dabney Friedrich overturned the national eviction moratorium that the Center for Disease Control and Prevention had put in place on September 4, 2020, due to the Covid-19 pandemic.
If ...
Mark Guagliardo
Beginner’s Guide to Flipping Houses For Profit in Hawaii
Flipping Houses For Profit in Hawaii, Maui and OahuOK, let’s get to the basics. If you are just getting into flipping houses for profit, there’s much to learn, no doubt. You can’t learn how to do it a single weekend c...
Isabel Andrade
Where do we begin ?
Hello members of BP , I joined BP a few months ago but stepped away for a few . I’m now back with the goal to finally invest in real estate properties. My husband and I became homeowners back in January . We bought a ...
Byron Paille
Have package deal for 5 home, need financing
I have an opportunity to buy 5 homes as a package deal. Agreed to 365k on a 440k price. 2 with renters, 1 ready to rent 2 needs final finishing to rent. How do I get this financed. I do not want to do 5 closing on 5 h...
Keith Smith
Best locks for landlords to use
I would like to hear what other landlords use for locks. I was recently told about a lock that can be used on multiple properties but the landlord/owner can get in all with just one key. Anybody out there using any sp...