Ankit Patel
Renting on Condo
Hi,I am planning to buy first investment property as Condo. I like to know how we can calculate return on investment for a condo. Can we implement 2% logic on a condo or not?Investment 60,000Monthly rent 1050.HOA: 300...
John Dorma
200units and more underwriting
Hello,When you look at bigger deals financials, what line items do you always adjust?To quickly evaluate a a deal where there is no asking price, I usually look at capex required, adjust the property taxes (based on c...
Charles Granja
Discount points mandatory?
I have read that discount points are optional My lender says that I can’t get around paying 2% discount points
Has anyone else had this experience?
Richard Davis
Can STR Licenses be obtained yet in Atlanta, GA?
Atlanta has some new laws that require any STR host to apply for a "short term rental license." Does anyone know HOW to apply for this license or whether this can already be done?
I have seen news articles saying the...
Account Closed
CMHC Completes Review of Mortgage Insurance Business
When Canada Housing and Mortgage Corporation announced that they would no longer offer insurance on second homes, some believed it would mean a slowdown in sales of recreational property.
However, since the p...
Brian Rossiter
Engineer Labels!
When I was tweaking my BP profile, I noticed that there were occupation labels for Architect, Contractor, and other real-estate-related design/construction professionals, but there was not one for Engineer.
I...
Bright Ayalingo
New Investor
Hi, I have been studying for a couple of months now and ready to take it further through implementation and learning some more from this platform.
Ben C.
BRRRR STRATEGY QUESTION (Apartment Vs Single Family)
Hello,I would love to get peoples insights on the following topic...What are your feelings on Apartments (Condos, Co-Ops) vs Single/Multi Family housing for a BRRRR strategy? I have to say a full apartment only portfo...
Jeremy Kuchenbecker
Multi Duplex - Cap Rate Exit
I'm looking at a single offering of 5 duplex, 10 total units. There is big value add potential and am expecting to implement my business plan over the first 12 months. The property is in a B-/B market and are single s...
Calus Glispie
Trying to build my CORE 4 in the Tampa Bay Area.
Hey BP i Currently just got finished reading David greene’s book on BRRRR investing and i Absolutely fell in love with model. So since I’ve have decided to Implement this strategy in my own business, I think it’s only...