Kayla Davis
Struggle to cash flow, buy it anyways?
I think I know what the knee jerk reaction is going to be here: Absolutely not! Hear me out...The goal: Purchase a multifamily property as my first ever purchase with 3-4 units on an FHA loan with as little down as p...
Roland Glenister
Advice on working two deals simultaneously
I've come across a deal for an 8 x 1 BR 1 BA unit apartment complex at 100% occupancy with rents currently under market value. It's near a hospital that employs a lot of travel RNs and a small university so I'm confi...
AaronFaith Riddering
Small town Airbnb vs. long term rental
Hello BP friends. We have a 4/2 property we are currently remodeling to be used as a rental in a small town. We are leaning toward long term but also had thought about short term. I checked out the Airbnb site and ...
Josh Boyd
Sell my house to my LLC?
Newbie here looking to structure first rental.Scenario: I owe 229k on my personal residence house. It is currently valued at 390k. The 70% LTV would be 273k. It needs 10k of work. I have another house I would lik...
Patrick Crehan
Turning my single family into a rental. What to expect?
I fixed up a single family in an upcoming neighborhood recently and have been living in it for a little bit. The plan is to sit on it, rent it out while it gains equity when I move out in a few months. ( I am purchasi...
Alex Nelson
How long did your first DIY Renovation Take?
Hi guys,I'm in the middle of my first project ever and it's taking considerably longer than I expected. I am learning a ton from doing almost everything myself, but it's taking me months longer than I expected to do m...
Jeffrey Kay
What to do in my situation?
Hi there,
I live in Vancouver Canada and am trying to figure out whether I should be investing in real estate. I currently have around 95,000 USD in cash savings, earning 2-3% in a HISA. I am 23, and am going back to...
Josiah Richard
Making the transition to full-time Agent. Wise or Not?
Can anyone shed some light on whether or not the pros & cons associated with going full-time agent vs part-time at first? What would be recommended? I am in the Pittsburgh Area, PA and my wife is in a Doctoral pro...
Jordan Archer
What's the market standard for calculating the cap rate?
What is the market standard for determining a property's Cap rate and NOI? Do you get a professional appraiser or is it just as off the cuff as it appears to be on Loopnet?Are their certain expense items you can leave...
Charles Ngansop
DUE DILIGENCE: ARE PROPERTY MANAGERS PART OF YOUR TEAM?
Due diligence is one the most complex task in the acquisition of a multifamily, especially when dealing with a large scale building or any type of building located in a hard to analyze submarket.Property Managers (PMs...