Hello everyone, this is my question for the community.I have a multifamily property under contract and I am in the due diligence phase. This is my first deal larger than a 4-unit property (this one is 26 units) and I...
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...
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 ...
The basic principles to succeed in growing your portfolio are taking consistent action, systematizing the business, and growing at a manageable pace by reinvesting and leveraging equity over time. There are ways to sp...
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...
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....
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...
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...
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...
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 ...