I am thinking about purchasing a condo in Corpus. I have heard that these are netting $22K per year. Rates are $1,100 per month for the Winter Texans and $185 per night during the summer and spring. Would 50% apply? I...
Remember to ask your lenders for help
I've been developing a working relationship with several Banks over my investing career and it’s important to develop multiple relationships.
When you owe a ...
Hi guys this is my first post on here. I wish I had more to contribute before I start asking questions but I guess I'll just have to deal with the newbie hazing (please be kind!).I currently have a deal for a commerci...
Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...
I've invested in a couple large syndicated deals, but recently had one referred to me by a friend. It's a luxury boutique hotel in the wine country. The deal structure has some subtle, or maybe not-so-subtle, differen...
I'm looking to purchase a multi family building 16+ units. I sent over 100+ emails on Loopnet to brokers asking if they work closely with any lenders and only 5 responded .Where else should i look for them?Should i g...
Hi All,Looking to purchase my first rental property - actually more like two. I am purchasing (2) duplexes next door to each other as I figured it would be a safer bet having both instead of competing with someone if...
I got a offer under contract yesterday I put it in about a week ago at 70% of asking price which was 129900 at the time I offered 90k but after it was accepted I looked on the bay county appraiser site and the just va...
Hi BP,
Not sure if this is allowed here but if it is not, please delete.
I am currently looking into flipping properties. At the moment, I don't have anything under contract, but I want to be prepared for when I do....
So I have a credit score of 715 I claim on my taxes 72,000 a year. I have no judgement and pay all my bills on time every month. But I cant cash out refi 3 houses to save my life. I bought 4 houses this year 1 is fre...