Lois S.
Itemized receipts for PM repairs?
I have one unit that is under Property Mgmt. Some minor plumbing was done & I asked for receipts.(replace a faucet & a hose bib)The receipt was not itemized - just a vendor invoice for parts & labor combi...
Vladut Bujoreanu
Handing over portfolio to PM, how to prevent unnecessary charges
Hello Everyone,Curious to know how you would handle this. I've been managing my own portfolio for quite a bit and am very familiar with situations where tenants are having issues with a/c, plumbing, appliances, etc. b...
Allen Zhu
How does one buy 100 of properties under a llc or personal?
Hello i'm a new real estate investor i know some things but this topic has been bugging me.
Say someone has multiple properties i'm talking about 100+ how does one purchase them? do they use personal name to buy i...
Doug Cabrera
Refinancing with cash out or just refinancing
Hello Folks,
Needing some advice on if I should refi with cash out on my investment property or just refi it to bring my monthly payments down. Estimated value on my property is about 200k, 70k is what is owed. I can...
Zoe H.
Closing on first rental, possible holdover tenant. Do I walk?
My offer was accepted on what would be my first rental property (SFH in Duluth). The plan was to remodel and split into a duplex to rent one unit and keep the other as a weekend spot for myself. Current tenants were g...
Omari Heflin
Multifamily Investing: Knowing the numbers so you can BRRRR
Hey BP Family !!
I understand how to find the Noi, cap rate, price per door, and purchase price for multifamily. Where I'm getting stumped is knowing how much appreciation you forced from increasing rents and decre...
Dean Klein
Building a property portfolio using owner occupied financing
Hi All,I've currently got 4 properties including my primary residence. I would like to acquire the next 3-4 properties using owner occupied financing where I will live at the property for 1 year, then convert it into ...
Konrad R.
Did I do enough due diligence for this property?
I plan on bidding on a property next week. I just want to make sure I've been doing my due diligence properly. Here are the steps I took:-Read through the complaint and checked the promissory note and mortgage attache...
Tyler Smith
BRRRR question (Fannie Mae guideline?)
I bought a home for $120,000. ARV should come out at $200,000.
75% LTV will be $150,000. My rehab will come in at just over $20,000.
My bank just told me with the Fannie Mae guidelines on doing an investment cash o...
Justin Carter
MTM lease termination for Section 8 Tenant
Hello BP Community! I’m coming to you guys for guidance and advice. In January I closed on a 3 unit property on the South Side of Chicago and the property was partially occupied, with 2 of the units being rented by Se...