Hi BP,I'm new to investing and looking for some help understanding NOI & Cap Rate and how they correlate to value. Specifically, will a commercial lender value our property with with these metrics for a potential...
My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...
Lately, a bunch of people have been asking about what to look for when picking a property manager. Its a great question, and I’ll try to cover a few important points. I’m going to ask more questions then I’ll answer, ...
Hey Guys!I am looking into getting a HELOC in the Memphis area. I am trying to find the best rate with lowest fees. I am looking at local banks, but when I googled best rates for HELOC it pulled up a company called Co...
I am constantly hearing about cap rates when I look at larger commercial properties, but I never hear it mentioned when touring buildings under 4 units. I would be interested in hearing what investors (or yourself) ar...
This makes me wonder where rates will go (and if the FED is backing themselves into a corner) - I work with a lot of house-hacking clients in Milwaukee and owner occupants usually get great rates and most importantly ...
Hi! I have a rental house that is owned by an LLC. I was told by one bank that I would have to get a commercial loan because the house is owned by an entity, and not a person. How do commercial mortgage loans compare ...
Hey Everyone!So I'm new to investing but this question is actually about my current live in home I've occupied for about 4yrs now. My question is for someone in my situation, to overpay mortgage or save the money that...
Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...
Hi,I am new to the investing world and actively looking at properties to invest in, interested in doing house hacking with multifamily. I was curious on how I should get started with obtaining loans? Should I just go ...