Michael Yin
Paying for physical and environment inspections (100+ units)
I have several questions related to paying for inspections when buying large apartments (100+ units)1. ) Where does the money come from to pay for the thousands of dollars these inspections cost? Does it come out of t...
Arjun K.
Would you rent to these people...
I have a property that has been vacant now for 30 days (average is 26), so was considering lowering the rent 5% (~$1,000 over a year) + adding a $1000 fridge, which I am 100% is market (just low end of range). Have a...
Alejandro Lee
401k loan request for investment property
Hello everybody!Just purchased my first investment property which leaves me low in cash. My agent sent me another duplex property that has potential but i am currently low on liquid cash. I was planning of getting a 4...
Amy A.
Are $1M+ commercial loan terms better?
I am looking to expand my portfolio into bigger multifamily properties out of my area. Right now all of my loans for 5+ units are with a local bank. They are around 4.5% interest, 5 year fixed with 25 year amortizat...
Ryan Dossey
How do you determine if land could be developed/go about it?
I have never ran into something like this. Just got a call off of our Facebook page actually (first lead from FB). Guy has land in Lake Saint Louis MO. Very active/Higher end area. 5 Acres of land with a Barn and 2k+ ...
Ryan Leonard
Small Multifamily (5-24 Units) Lead Generation
For those in the small multifamily space and who are still closing deals in 2024, how many leads are you looking at/week? What's the breakdown between direct-to-seller, through a broker, or other source? Looking to re...
Kevin Grinstead
Any good, kind property managers in Cleveland?
Hi All, I am looking for an amazing property manager. I have a great one now but they are ending their service. If you know of someone that has a reasonable service, I will have 4 doors for the rentals and I have a ...
Joe Kim
My $8000 problem. Do agents really deserve $200+/hr
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
Susan McBride
Investor Offer to Assume Mortgage - Legit or not?
Hello. I just received an offer from Mono RE LLC / CDK Investment to purchase my home, which is currently on the MLS, at the full listing price. It seems too good to be true and I am currently trying to research th...
Rhondalette W.
$3500 Earnest Money Counter Offer?
Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...