Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
Some states allow series LLCs as well.
Lauren Merendino
Pre retirement Strategy
1 February 2025 | 30 replies
This allows them to focus on their W-2 jobs, family, or preparing for retirement without the added stress of managing properties.If you’d ever like to connect and exchange strategies, I’d love to help.
Caleb Martin
Building STR and recovering cash
24 January 2025 | 4 replies
Would a bank even allow us to mortgage multiple buildings on a single lot without it being subdivided?
Brian Fisher
Pocono Short-Term Rental Disaster - Management, Legal, Insurance?
29 January 2025 | 3 replies
Those failures are more negligent than a PM allowing a guest who paid with expectation to stay at the house to remain there in the middle of winter when they arrived on a Friday evening as you described.For now you will have to rely upon insurance, I don't believe the PM acted unreasonably given the circumstances.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
If anyone in the forum is interested, send me DM, I'd post it here just not sure if BP will allow it.I visited and like everyone felt in love with the country.
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
Oh heck yeah they exist. people who could do a lot more then there funding allows, oh-yeah those people exist.