Ian Bower
DSCR Loan Fees - More than expected... is this normal?
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
Peter Morgan
Making your tenant PM a bad idea?
Hi,I need to move out of state due to my job.I got two options sell my multifamily or manage from remotely with the help of a Property Manager. Rather than hiring a PM would it be a good idea to make one of my trust w...
Savannah Lewison
Auction Property Title Search - Help Please!
Hello,I am learning to do my own title search for auctioned properties. Problem is I'm having trouble actually understanding what I'm looking at. I have a real life example here. I see that Pingora Loan LLC assigned a...
Account Closed
Santa Barbara area recommendations for cleaning service to turn over a unit
Hi all. If you know of a professional cleaning service in the Santa Barbara Area that is reliable, and reasonable, I'd appreciate a recommendation. I have a renter moving out and I'm looking for a new cleaning service...
Mark Kvam
MHP Budget for Repair/Maint. and Cap. Ex
Working on a offer on a small park. 19 owner occupied pads, with 30 storage units. 40 year old park, city sewer and water, 1 paved road. What should I budget for repair/maint. and Cap Ex? I have been using 5% for repa...
Bienes Raices
Toilet --- lazy flush
The tenants are concerned that the toilet does not have a powerful flush.
The water goes up to about a half inch below the fill line on the overflow tube. I...
Randel Doubty
Is JV a good option starting off
I’m just starting off I’ve been networking with a few real estate wholesalers. While networking I was asked to do a Joint Venture. I personal would like to do this on my own for the first couple of deals. Is this bein...
Michael Tucker
Best strategy for Master Lease Option?
BP! It's been a while! I figured while I'm waiting to get a root canal I could make some use of the time to ask a question. I just had a short conversation with a seller who's been living in a 4-plex for almost 15 yea...
Matt M.
PSA for those of you who self manage
Hi guys! I was a big BP fan and commenter here and I had a freak accident Dec 14, 2022. I am a healthy 47 y/o self employed contractor and self manage my 3 properties. On 12/14 I found myself with 2 dislocated and bro...
Thu Trinh
FIRST TIMER, POOR DAD in Austin, TX - What about a smile?
I'm Thu (pronounced TOO). I have listened to a handful of BP podcasts this past month, and I finished the BP beginner's guide this afternoon. Now I feel more comfortable to start interacting with members in the commun...