Sage Jankowitz
Does this condo fit the 50% rule?
So I'm not buying for some time, but I've been looking at some REO properties in my area to see what's available. I found a condo close by that seems to fit the 50% rule, but I just wanted to double check with the exp...
AJ Smith
Picking Renovations to Increase Cashflow
What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
Duke Giordano
Advanced target Metrics Limited Partner in Syndication
Hey All,Wanted to touch base on a few topics that are not typically discussed in relation to components of a RE syndication deal and how this impacts things from the standpoint of the LP in relation to such factors as...
Mahinda Horapakse
Appraisal question - square footage not accounted for properly?
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
Breonna Mahana
Lenders; Denied on Pre-Approval, no consistency! Why is this?
I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
George Foster
General Contractors
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
Aaryan Patel
If you could go back in time??
What would you guys do if you could go back in time when you first started learning about real estate? What would you do differently? What would be the best way to set yourself up for success in multiplying your por...
Ndy Onyido
Practical Opinion on Saint Louis Market-Missouri
Dear BP friends,Does anyone here invest in Saint Louis Missouri?. I am looking for a practical ( not just internet research) on this market. 1. what neighborhoods are likely candidates for cashflow?2. what zip code to...
Alexandra Jimenez
Rehab Advice for an Non-Rehab-Savvy LTR Investor
I recently bought a multi-family in Louisville, KY and was expecting to keep the 3 leased units as LTRs and turn the 1 empty unit turn into an MTR. Unexpectedly, one of the LTR tenants moved out and left me with a MAS...
Brianne H.
Financing for MF 5+ units vs 1-4 SFH
Hello BP! As a quick background, I am from Canada and currently in the process of developing and renovating our recently purchased primary residence, which we will then refinance and should have a decent chunk of mone...