Does it makes sense to switch to a different bank for the interest the savings is yielding? The credit union I am with yields only a .30% APY. I have seen online banks that yield 1.5% APY. In terms of compounding and ...
Hello BP Community - My ex husband and I co-own a rental property (we are on both the title and the note) in San Diego. We are about to put that property on the market and split the proceeds. My questions are ... 1. D...
Hi all, I'm just looking for a bit of insight and more of a precise breakdown of the refinancing section of the BRRRR method. As I think I have a way of using private money lenders, to loan me the deposit to buy an o...
Hey all you new (and perhaps not so new) investors!!How's 2018 going? For me, it's been pretty darn busy. Just closed our 3rd deal of the year, (got two more in the pipeline) started a commercial project, launching mo...
Hey Guys!
I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?
Year Built: 1960
Roof was r...
Will buying condos in cash in any market always cash flow positive? Any cases where buying condos in cash would not cash flow positive? Is the return for condos better if financed or purchased in cash?
We just had a big wind storm in Maryland , fortunatly no rain . But I had some damage , shingles , about a square and a half blew off 1 of my rentals , I will be using insurance on this one , its not minor . Now for ...
Hello All, I am out shopping for an affordable property insurance for a 27 unit gated complex in Austin Texas.I have owned it close to 10 years with zero loss runs and 0 claims. If anyone has an aggressive insurance ...
Hi BP! I'm an experienced investor (3 MF deals) with excellent financials and credit. However I'm having a hard time getting any decent rates among community banks where I'm looking to purchase apartment deals of 5-20...
Do you have a separate checking account for each property/LLC or 1 main account that all of the properties run through? This is a question for everyone that manages their own properties, as well as anyone who manages ...