Henry Lazerow
Why 2-4's have not fallen with rate increases and why they won't!
Lately, many 2-4 unit clients understandably ask me why prices are still going up with rate increases. I have sold 40 million seen a lot of 2-4's in Chicago and the answer is simple, supply has more impact in this nic...
Anja Brey
For a conventional loan, rather work with one lender or multiple lenders at the same time?
Hello BP, I am looking for my first mortgage and I am wondering if it is better to work with one lender, or with different ones at the same time and use the one who gives me the best deal? What are the advantages and ...
Michael Chilton
[Calc Review] Help me analyze this BRRR deal
Hi, I’m looking for help on a seller financed deal for a four unit property in Iowa. I want to do a refi with a bank at a lower rate after I re-meter the property so that tenants are responsible for their own utilitie...
Dean Suzuki
Need advice on an seller finance offer
Hi,I am selling 2 four-plexes . I got an offer but was asked for seller financing. I have never done a seller financing deal before. So, if the BP community can help me and share any advice/wisdom/gotchas to avoid....
Rebecca Rios
Buying Unit for Child to Rent
Hi there! Super newbie here and so thankful for all the great BP advice. My 19yo daughter is looking for her first apartment with a roommate. I’m considering just buying an (ugly) SFH or condo that I could lightly reh...
Patricia Franciulli
Sell or keep renting my Las Vegas Homes
I own 3 homes in Las Vegas all free and clear.
1 home is a 3 bed / 2 bath build in 1997 - 3 car garage, 1266 sf, in green valley henderson , low HOA, single story, fully rehab that I rent for a Section 8 tena...
Stephen Lyons
Finding my first deal
Hi, my name is Steve Lyons and I would not consider myself a real estate investor yet though I am hoping to get started in the very near future. The issue I am currently having is how to determine what is and what...
Matthew Rembish
Commercial Facility Financing
I've been recently looking into some storage facilities and although I have a good idea of my area's cap rates, average facility NOI for particular size facilities, etc., I'm still unsure of the costs associated with ...
Constance Chambers
How to vet private lenders? They creep me out
We’ve made over 10 offers on sound deals meeting our criteria, only to get beat out by “cash offers” so I’m considering private $ lenders & have been contacted by a few...but I get totally on the defensive every t...
Ryan Haase
How long does a claim count against the home?
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...