Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,345,000
Cash invested: $500,000
Sale price: $1,825,000
The sale now holds the Bridgeport, CT re...
Hi all, I am a small multifamily investor and am beginning to scale. I have investors lined up but don't have a proper understanding of what a professional investment summary should look like. Does anyone have example...
How do you manage your bank accounts for your rentals? Do you have a separate account for each rental? I only have 2, but I was wondering how you track finances for all of them etc.
Hello BP,When is a Home Equity Loan better than a HELOC?My understanding that a Home Equity Loan is simple and straight forward. I’m not familiar with typical LTV’s or processing fees attached.A HELOC sounds like a be...
My friend and I are securing an off market property in Cincinnati and we are trying to decide if we want to wholesale or flip. Here are the questions we would love to get clarity on:1. If we get the property (for a fl...
A little backstory,An old landlord/property manager of mine recently used the rental application I filled out back then to apply for a credit card in my name. had I not been watching my reports on a daily basis I woul...
For a private loan Secured by investment , business purpose loan (secured by California SFR , purchase money loan) , If the collateral does not have enough value to pay off the entire debt. How can the lender recover...
So I'm looking at the Neighborhood Data for my listing in Pricelabs. It shows Future Occupancy 30 days out as 60% and 60 days out as 40%. My listing is 84% booked for the next 60 days. I'm obviously happy with that Oc...
I'm trying to decide which avenue I want to go in as a new investor. It's a very touch decision. Any thoughts?
Do you guys recommend getting a property manager if you’re starting a house hack? I have 2 other bedrooms in my house that I want to rent out for extra income.