Roland Charles
Premium Member Report Co-Branding
7 March 2020 | 0 replies
I was informed that I can execute this task yet no one at biggerpockets have responded to assist.
Armand Farr
Tax filings with properties in and out of LLCs in Houston, TX
9 March 2020 | 10 replies
This just sounds like it defeats the whole purpose of having a business entity and the need, both for legal and accounting reasons, for operations to be performed within the business.
Gonzalo Del Negro
Flipping in FL and NV
7 March 2020 | 0 replies
Flipping houses in North Texas has turned into a difficult task.
Gonzalo Del Negro
Flipping in FL and NV
7 March 2020 | 0 replies
Flipping houses in North Texas has turned into a difficult task.
Jack Everett McMichael
How to find your Mentor Figure?
8 March 2020 | 3 replies
I helped him with some personal tasks outside of work as well.
Vincent Plant
Going from 1-2 deals a year, all in full time, no safety net.
9 March 2020 | 4 replies
By nature I'm not a systematic thinker, but I know I perform at my highest and enjoy having systems and structure.
Jim McWethy
Crowdstreet private equity deals
9 March 2020 | 8 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
John Sherwood
4 Plex... focus on cash flow, cash on cash, cap rate???
15 March 2020 | 11 replies
For instance, most of the time my properties have always been much better performers in the maintenance department than the numbers at BP would lead me to believe.
Chris Boselli
Another successful BRRRR deal in Memphis!
3 August 2020 | 15 replies
Here's a look at the numbers outlining the sustaining performance of the property: Monthly rent: $950PM fee: 9%Mortgage amount (taxes/insurance escrowed): $535Reserve for expenses: 15% = $142.50 (a little lower than usual since we took care of all cap ex items in the rehab)Total monthly/annual cash flow: $187/$2,244Annual ROI: 18.13% We had some private investors in on this deal as well, and while we were not able to give them the bonus this time around we still gave a solid 10% guaranteed APR (~3% cash-on-cash over the 3.5 months of this project).
Edward Xiong
New to Investing, What should my First Deal be?
9 March 2020 | 3 replies
You buy an undervalued house that needs rehab, perform rehab, rent it, refi and repeat.