Janetta C.
Is it worth hiring a Project Manager for a fix and flip?
Hey Guys!
I'm ready to enter the world of investing and met with a contractor today who offered to be the project manager for my first fix and flip. His fees include an initial 10K project manager fee then 10% fee af...
Nathan Hillier
Leverage or no leverage?
Hi guys, just wanted to have a discussion about leverage. With my business just starting up no more than 5 months ago, and acquiring three properties; two flips, one duplex - located in 3 different states, I am lookin...
Manuel Sarabia
So what qualifies a borrower for a hard money loan?(+ a few questions)
If ficos and income are not the issue, what do they look at in a borrower?I'm looking into taking this route in hopes I can get a loan. My situation, My middle score is about 610. My business income(RE commissions, et...
Jonathan Makovsky
Obtaining a Commercial Mortgage: Broker vs DIY?
We have a 16-unit multi-family in Central Connecticut under contract for just north of $500K and would like recommendations for obtaining a commercial mortgage. Should we shop the loan ourselves to portfolio lenders, ...
Rebecca Allan
Best time to buy/sell STR property?
Newbie here still on the hunt for my first investment. Haven't seen a lot new on the market in the areas we're focusing on. What time of year do people usually list? and what would you say is the best time of year ...
Ki Lee
How to structure banking with a partner for TIC
My partner and I bought an apartment complex in Ohio as TIC. We each have our OH LLC that took title as 50/50 TIC.Now we are trying to figure out how to properly structure banking and money flow. We are 50/50 TIC, b...
Jon Klaus
Other People's Money
For those who use OPM as much as possible, why don't you use your own money more? How and where do you invest your own money? What level of return and risk do you target for your own money?
Bob Flynn
tax allocation to land vs. apt buildings
I'm a member of a partnership that purchased several four-plexes last year. I have reviewed my CPAs draft tax return and they have allocated 25% of our purchase price to land value and 75% to the buildings. Therefor...
Raimondo F.
San Francisco rentals: do you believe in mathematical models?
Hey,a very interesting historical analysis and model of rents in San Francisco (with data source on GitHub).For numerical guys such as @Brian Burke, @J. Martin, @Minh Le etc etcSome excerpts:"Overall [rents], they wen...
David Noskiewicz
Financing is my only hurdle!
I think I'm ready to make the first investment, in terms of knowledge, a precise plan to follow and stick to. I'm starting to get a little nervous about my financial situation. Savings: only around 5k, Debt: vehicle...