Michael Vigneault
Splitting utilities in a 5 plex?
I'm wondering if anyone has advice: The water utility is no problem - divide by # of people in each apartment, add into rent. Each tenant has his own electric bill.Gas is the issue - only 3 apartments have gas, all w/...
Ben Grubner
Property Property Management Advice/Recommendations
I'm a new investor in the Charlotte NC area. Working with single houses. Looking for advice on property managers. Any recommendations? Any advice on mid size management teams vs large region wide management companies?...
Max Ferrel
Is seller financing more appealing with higher interest rates?
Most agents I talk to seem to think seller financing is dead in my local market. I personally want to use this strategy to lock in a lower interest rate on a rental property (being 20 years old with a small amount of ...
Dustin Ruhl
Tell me...When do you know you are already Successful?
I read this are Article I am happy to share with you. Let me hear your thoughts.I Know I’m Being Successful When...w/Dean Jackson | 624Dean Jackson, an entrepreneur, marketing genius and real estate investor gives his...
Stephen Neto
Do I need a selling Agent?
I am thinking of selling a 3 family investment property. Can I save commission by not using a Selling Agent or is it better to have one?If I don't have one do I save or does buying agent profit more?
Andrew Lawrence
Multifamily property sellers pricing question
I have a couple properties that I am currently looking at in my area and when I went to my lender to get preapproved heres sort of what happened. The lender pre-approved me for a certain amount based on a rent rate es...
Benny Ng
How do I verify 50% rule?
My goal is to purchase a multi-family and owner-occupy one unit. This will be my first home purchase. I've been using the 50% rule up until now to get an idea of what the CoCR would be, but I'm seeing some huge differ...
Austin Petrie
Introduction to BP: Austin from Los Angeles, CA
Hey BP, my name is Austin Petrie. I've been doing my research on REI for many months now and finally feel I have reached the point where I can ask thoughtful questions and maybe answer basic questions on BP. So I'd li...
Mike Reynolds
Lenders, need some clarity
I had a deal fall into my lap. Suffice it to say I have to take the deal one way or the other. No choice really. 20k owed on back taxes. No liens that I know of. I can loan the money or buy it outright. It's a family...
Frank Lodge
Bookkeeping do it yourself or hire
Hi BP members, am hoping the brilliant minds here can help me out once again. I did a search in the forum on bookkeeping and only three questions came up on bookkeeping none of which got a reply so here goes the fourt...