Roger R.
Cut your losses or wait thru a painful rebound?
I was set to close in late March on the sale of my multifamily property in Manhattan; then COVID-19 hit. The building's only tenant (condition of close) defaulted on its rent and is probably going to go bankrupt (GN...
Tammy Wiggins
St. Louis Mult-Family Cap Rate
What is considered a good cap rate for multi-family units in St. Louis. I'm looking at 2 and 4 unit properties. I can't get anything to hit the 8% when I calculate even when I leave out property management fees of 1...
Huyen Nguyen
1 Residential Mortgage on 2 separate duplexes
There are 2 duplexes for sale by the same owner (2 buildings side by side) and I'm looking to move in one unit and rent out the other 3. Does anyone know if it's possible to purchase both on a single owner-occupied (5...
Justin Wiesehan
Online vs. In Person
Hey BP community! I have been learning and reading a lot lately and starting to get a grasp on how things work in REI.....I think...I have started to look for properties to fix and flip in the Charlotte, NC area. In y...
Tom Volpe
LLC Holding Title
Hi All,I completed my first rental investment May of 2016. I was told since my LLC had no credit/assets, to buy in my name, wait until my mortgage was bought, then transfer title to my LLC. I have completed this proc...
David Moon
Looking to connect with houston investors and wholesalers
Hello,I am looking to connect with my fellow real estate wholesalers, investors, and sellers. I'm seeking to build connections as well as be part of your connections. I am focused on rehabs and new construction. I'...
Ryan Proffit
Vacating specific units prior/on sale
Hello, I am currently working on an offer on a 8 plex. I posted up some numbers here a few weeks back. This has the ability to be an awesome deal, and a possible catalyst into more deals. One of the units is curren...
Account Closed
Average monthly costs of maintenance and repairs as a % -- 2-4 units
Hi guys,What's the % of monthly rent you would estimate for renovated property? The property is 100 years old but has been renovated. It's a 4 unit. 1 bedroom/1 bath per unit. I know the numbers can vary but just ...
Eron Spink
Portland and Seattle Area Members - Let Me Buy You Lunch And Hear You Talk About Your City
I'm Eron....I've spent the last three years as a professional long haul trucker. After travelling all over the country, I've decided to settle down in the Pacific Northwest. I've managed to reduce my expenses, elimina...
Mark Cruse
LLC funding/credit
I'm attempting to build a pattern of good credit history so I could get loans in my company name. I assumed when I acquired a credit card in the business name it would be separate from my personal credit report; it wa...