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Hello all! I've been browsing the forums for a few weeks and learning lots, but I haven't found posts addressing this issue. I'd appreciate any/all input you folks can provide.We are about to close on a single family ...
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What is your min Cap Rate requirement on a 20-30 unit residential?Also consider these units are NOT new and are in good maintained condition. Vacancy rate is 5%. Rents are just about maxed out. I use Cap Rates as a qu...
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Hello BP,
I have a few questions:
First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...
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Wow so I’ve been having problems with one of my tenants whom have been paying the rent late the past 4 months and they’ve gotten worse, I’ve been having to charge them late fees. Now these are stellar tenants, until t...
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Hi BP folks, I want to ask the locals about investing in Gastonia NC, where are the good area/subdivision for multi-family investments? I saw a couple deals around 28052 zip code but not sure if it's feasible to buy p...
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Hello all,I'm just getting started in the syndication business and just finished Gene Trowbridge's "It's A Whole New Business: The how-to bible of syndicated investment real estate"... phew... I plan to follow his su...
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Reading @Brian Wilson's recent post about a lender telling him "No", it got me thinking.How do you create a relationship with a lender? I hear this advice frequently, and also have been known to suggest it from time ...
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Hello everyone, I was learning about brrrr strategy that many investors are using nowadays by question is which kind of loan would be ideal to use for the first property? And if I find a property below the market valu...
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Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...
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Has anyone in here gone from a Corporate job they hated to real-estate income rather quickly?I have some capital to invest... could pull 100K. What if I went big into a down payment on an apartment complex? Any stor...