Bill Robinson
6-unit Analysis, my thanks in advance
All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
Isa Glover
NJ Non Exclusive Option Agreement
Does anyone have access to a Non Exclusive Option Agreement that can be used in NJ? If this has been answered please forgive Im in a bind.
Martha Daisley
Cash out refi property was in trust
Hi everyoneI have a question. I have a property that i had in a land trust for asset protection but recently (in march 2020) i took it out of the trust so that i could do a cash out refi. To my surprise, ive had two l...
Sabrina Huyett
Cap rate of 1.5%....would you sell?
I own two properties. The first one, that I bought in 2016, has nearly doubled in value. I lived in it for 6 years and just moved out in 2022, so I wouldn't pay capital gains if I sold it. After listening to Bigger Po...
Doug Teasdale
I am new to the purchasing side...any advice is welcomed
Hello BP, I have been a GC 20+ years, I had an account with all the banks and Freddy Mac back in the day doing their remodels and make ready's. If I had to guess I probably have remodeled over 2000 homes from Californ...
Micah Hensley
Online bank vs brick and mortar ???
Good Afternoon BP Community!!
So we are about to close on our first rental property!!! YAY!!!
In doing so we are trying to get all our ducks in a row and be ready for this. We know we need a seperate account for the...
Olga Kostrova
Private money and principle payments
Guys,How to structure private money loan so it's not an interest only loan, but payments goes towards equity from the very first payment ,or at least after after 1 year?Do we have some clause in the agreement on princ...
Keng Fong
Looking for a local property manager In Seattle WA
I have a condo that has been rented out for about 7 years. The tenant was paying rent on time every month until COVID, he has been late on rent for about $10000 and now he is becoming more and more hard to deal with. ...
Jeff Zatlin
valuation question for a single family residence
I'm interested in buying a single family home as a rental property. Projected rental income would be $850/mo gross. Based on the 2% rule, the purchase price shouldn't exceed $42,500. Using the 50% rule, the pric...
Shak Amir
Buying my first Triple Net Lease
I usually look at residential properties but a few weeks ago a single tenant triple net leased property became available.Going cap rates in the area are 6% and this property is at 10%. The current lease has 15 years r...