Anthony Yancy
Hello, Brand new to the area and real estate
I am brand new to real estate and the investing aspect of it. I have always been interested and I am in need of guidance. I come from sales and am starting out with virtually nothing in my pocket. Mostly looking to bu...
Cody Dover
Underwriting 16 units (four 4plex's)
I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...
Matt Tallent
Cast Iron Sewage and Drainage Pipe Insurance (PHILADELPHIA)
I have been looking for insurance on my sewage and drainage pipes in my basement and out to the street. My house is around 100 years old which is common in Roxborough, Philadelphia and they have these old cast iron pi...
Jason Miller
care package
Do you provide a move-in care package for your rentals? My wife and I are toying with the idea. Nothing fancy mind you, just a few welcome home items. Magnet with local emergency numbers, maybe a small target, walm...
Mayer M.
Please help me analyze this deal
Hey Guys!I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?Year Built: 1960Roof was repla...
Gulliver R.
Park owned homes and billing water bills
Hello BP,
So I have a park with 36 lots. 23 are park owned homes. 11 are tenant owned. 2 vacant lots. I’m going to be installing water sub meters so I can bill back the water to the tenants. Most likely soon.
Do yo...
Ellie Perlman
Value Add vs Turn Key: Which One is Better?
Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...
Jered Sturm
What measurables do you track?
Our company focuses is to buy and hold apartment complexes. We currently track a few KPIs (key performance indicators) to keep a pulse on how the portfolio is doing. However as we prepare to grow and begin syndicating...
Dan Madden
Covenant Deed from Fannie Mae?
I just received the title work for a cottage I'm purchasing owned by Fannie Mae. The cottage is located in Northern Michigan. The Schedule B-1 requirements include this clause:7. Covenant Deed from recited owner to...
Kameeka Shirle
Room by Room in Florida
Hi BP Florida! Does anyone have experience doing room by room rentals in Florida? Specifically, I am interested in room by room student rentals around universities. If you do, in which area do you invest? What are the...