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Hey there, just curious if anyone is seeing any decent private money rates for investments properties. I have a place I'm looking to refi out at 65% and hoping to find a IO in and around 5% if possible.
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How much reserve capital do you keep in place for your STRs? Specifically when scaling. 3-6 months per property or less once you have 4-5 properties? I’ve typically been conservative, but 6 months reserves for 4 prope...
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Sorry this is long….My daughter is having an issue with former roommates in an apartment in Massachusetts. I’m looking for advice on whether it’s worthwhile to pursue a small claims case. Earlier this year, she was th...
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Hello Fellow Investors!I am quite new to the REI game, but am very excited and motivated to get my first deal going. I am in a bit of a tricky situation and don't have the experience right now to confidently pick a pa...
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Hello,I have lived in Baltimore for about 4 years and know the area very well. I have just recently moved to the Northen Virginia area and am still learning the best places to invest around here. My question is, has a...
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Hey guys, I just wanted to share my most recent success. My father owned a beautiful 2 family residence in Morristown, NJ and over time stopped tending to it, and allowed rents to go uncollected and the bank to begin ...
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This post is designed to help people who owner manage. Typically the number one contributor to cost, both in single family and multi family, is turn cost. Mitigating the time a unit is not rented is key to establish...
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Hello! I've been listening to Bigger Pockets podcasts and reading the blogs for a while now and feel I'm finally ready to get started in Austin, Texas! I'm focusing mainly on flips but hope to be able to finance some ...
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So here is my situation...
Put an offer on a property 2 days ago. The offer was for $100,500 on a prop listed for $115. The bank had dropped the price from its original list price of $148. They came back w...
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For those with heads in the sand on bank problems------
J-Scott
p://www.calculatorplus.com/savings/advice_failed_banks.htmltt How bad does it need to get before it becomes a concern
2008- 25 banks failed
2009- 115 s...