Phuong Le
Unique request from GM/team member
I am new to real estate and I am already facing a very interesting situation. Please adviseBackground;I am a father of four wonderful kids. Ages 9,7, 5 and 2. Last year, my wife and I decided to sit down with our fina...
Brett Lee
Should I refinance??
I have a duplex that is currently on a 30 year loan at a rate of 4.875%. I currently owe $129,600 on it and my monthly payment is $1200. I have 18.7 years remaining left on this loan.
I have been shopping rates a...
James Syed
Safe Cap Rate
Hi members,
If you are not familiar with local area cap rates, what will be a safe range for it?
Assuming it's a multifamily property (under 24 units) in a C neighborhood (not a war zone), built year is...
Pavel Feldman
There is a bulk notes package from bankruptcy trustee account.
Each performing note is selling for 80% of the value.Each non performing note is sold for 20% of the value.Are these typical values?What should be checked?
Nick Johnson
Newbie looking at multi-units in various cities
I am a total newbie. Only 25 and looking to get started. I have grown up watching my parents (own 6 properties) and want to get started myself.
I was browsing around and notice there are many many multiunits in Buff...
Joshua Nudell
A topic that came up in a local REIA event I attended: Distressed mortgages
Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages. I wanted to see if anyone on BP has had experience with these types of ...
Jack Rengold
how to convince people it's a good deal?
how do i convince people that what i am offering to them is a good deal?when i am speaking with someone over the phone i make a ballpark offer to them so i can see what we are working so i know if it is worth pursuing...
Account Closed
Thoughts on rent increases, should i raise immediately or....?
For a little context; I took ownership of a Triplex in the greater Montreal area about 7 months ago, the property at the time of acquisition was fully rented with leases set to end in June of 2017. The market rent in ...
Trent VanHorn
New Investor from Colorado Springs
Hi all! My name is Trent, 28 y.o. and I currently live in Colorado Springs and looking to get into real estate because of the opportunities it provides. I've been reading all the books I can get my hands on for the pa...
Brandon Reed
Any Experience with a 203(k) Loan?
Hey BP!Can someone who has used a 203(k) help provide some perspective on their experience? Positives? Negatives? Would you do it again?I know there can be a ton of paperwork and logistical headache...but what the lo...