Kristi K.
Paying points for a Loan
We are in the process of getting another DSCR loan. What do you all think are the pro's and con's of a 5 yr ppp in the mid 5% range vs 3 yr ppp in the mid 6% range. I'm getting mixed signals about paying pts from lend...
Tiffany N.
Purchased 6 weeks ago, already evicting my tenant
I purchased a duplex 6 weeks ago in Lansing, MI. My tenant didn't pay July's rent. I won the judgement for back rent and if the tenant doesn't pay by Aug. 8th, I can file a writ. My question is, what happens if she pa...
Brian Burke
It’s 2019–Whatcha gonna do about it?
Last year I posted a thread “It’s 2018–Whatcha Gonna Do About It?” and it got a lot of great response. So why not do it again? Every year around this time I see threads on BP asking about your goals for the coming n...
Timothy Ray
What to look for in property managers
So, Im new to the investing game, but I do know that I do not want to deal with property management. I'm focusing on Buy and Hold or BRRRR properties and will be hiring property managers for the rental portion. For th...
Brian Burke
Best markets to buy multifamily in 2016: A round-table discussion
At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
Jonathan Krauser
Letter's to find Off Market Properties
I am new to this amazing website, so please let me know if I need to post this in a different area. I want to find off-market properties. I have created the attached letter using Brandon Turner's post from 2016. I am ...
Quincy Mingo
Purchase 3-unit from Business Partner (Buyout and Capital Gains Tax Liability)
I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...
Antonio Bodley
What if real estate agents knew about wholesaling?
If real estate agents ever discovered how wholesalers make their money, would they still bother becoming or remain agents? I know we are not suppose to let realtors get wind of how wholesalers buy and sell properties ...
Leon Green
Property Management Fees: Conflict of interest?
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...