Cory St. Esprit
Evaluating Area Vacancy Rates (Grove City, PA)
13 March 2024 | 4 replies
For a 3 unit building with one unit as a commercial space/retail space I would use either a 7 or 10% vacancy factor and perhaps higher depending on the viability/business strength of the restaurant.
Lauren L Pokladnik
Set to Inherit San Diego property: Build, Rent, or Sell?
13 March 2024 | 7 replies
(Celebrating 31 years in Business!)
Gregorio Villar
How Do I Finance My Third House WITHOUT W2 Income?
12 March 2024 | 9 replies
One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊
Jess Azong
Cash-out refi question
12 March 2024 | 6 replies
My questions are: Are they any implications (tax or otherwise) if after the funds are paid into the business account and my friend writes a check to their personal account from the LLC to get his money out?
Stacy Gomez
Legal Set-up for multiple properties in 3 different states
13 March 2024 | 2 replies
Heck, I still don’t have business cards and now I do MTNL strips with major chains.
Account Closed
Should I decrease the rent?
12 March 2024 | 18 replies
We are not in the business of subsidizing tenant's rent.
Account Closed
Using Subject To, to Get "Free" Properties - A Quick Guideline
13 March 2024 | 70 replies
So much for an LLC protection.Here who is being sued:Federal Trade Commission, andUtah Division of Consumer Protection,Plaintiffs,v.Nudge, LLC, a Utah limited liability company; Response Marketing Group, LLC, a Utah limited liability company, also doing business as, 3 Day Real Estate Training, Abundance Edu, LLC, Affluence Edu, LLC, American Money Tour, Cash Flow EDU, Clark EDU, LLC, Edge 2 Real Estate, Evtech Media North, Flip for Life, Flipping For Life, Income Events, Insider’s Financial Education, LLC, Leading Financial Education, LLC, Onwealth, Power Flip, Prosper Live, Property Education, LLC, Renovate To Rent, Simple Real Estate Training, Smart Flip, Snap Flip, US Education Advance, Vintage Flip, Visionary Events, Wealth Tribe, Women’s Empowerment, Yancey Events, Yancey, LLC, and Your Real Estate Today, a Utah limited liability company; BuyPD, LLC, a Utah limited liability company; Brandon B.
Nicholas Keller
Seeking Mentorship in Real Estate Investing
12 March 2024 | 11 replies
Come up with a way you can add value to their business based on their needs and your talents.
Agustin Rossi
Expected Value (EV)
12 March 2024 | 2 replies
That’s likely why you don’t see EV used much in this business.
Gene Jung
Certain amount: looking for investment opportunity
15 March 2024 | 31 replies
Before buying your own SF, duplex or apartment, ask yourself how much of your free time do you want to spend on the rental business?