Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 27 days ago on . Most recent reply

MF secret tips like closing on the 1st of the month.
I was listening to the BP podcast (either the main one or rookie or even Betterlife to be honest) and the guest mentioned about how they always try to close on the 1st of the month. If I remember correctly, it was so that the mortgage for that month was already paid by the previous owner and the new owner was able to collect that month's rent, giving them a small padding of cash at the very beginning of their ownership should anything immediately come up. This was an entirely new idea to me and I was curious if there were any other little hints like that which could really add up if they became part of your regular strategy.