Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
These are professionals with additional training and a stricter code of ethics.
Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance
Nicholas Santangelo
limited partnership flip deal
9 January 2025 | 2 replies
As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
You would also want to add the LLC entity as an "Additional Insured" party onto the landlord insurance for the property.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
In addition, education can only teach you so much - what type of experience-based learning do you receive when joining these teams?
Arron Paulino
Potential Garage ADU
6 January 2025 | 5 replies
This initial negative equity position consumes the initial cash flow. 2) the addition of the adu makes the property multi family and likely makes rent control apply.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.
Nichole Stohler
I finally moved to a self-directed IRA and here’s what happened
23 January 2025 | 16 replies
Yes, I still did my own due diligence but PPR saved me hours of additional research.Perhaps the biggest reason I ended up working with PPR is because of the BiggerPockets community validation.
Nick Hulme
Home Improvement vs Investment Properties
16 January 2025 | 5 replies
We will have lots of renovations and additions to do over the years, so I'm worried that it will be hard to save up for more rental properties.Any suggestions?