Kris Baldwin
Should I start an LLC before actually purchasing a property?
17 February 2016 | 6 replies
I have been getting things together, but haven't filed yet.
Wayne Abruzzo
New member from Long Island, NY
22 February 2016 | 2 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Sim Peyron
New investor from Oakland, CA / San Francisco Bay Area
10 May 2016 | 8 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
James Friery
Need advise on this 21 unit pocket listing
22 February 2016 | 13 replies
The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,639 Less: Vacancy ($5,749) Effective Gross Income $185,890 Less: Expenses ($91,497) Net Operating Income $94,393 Debt Service ($65,592) Net Cash Flow after Debt Service $28,801 Principal Reduction $17,403Total Return $46,204 ANNUALIZED EXPENSESActual MarketProperty Management Fee $9,582 Replacement Reserves $5,250 Building Insurance $6,712 Maintenance $12,560 Taxes - Real Estate $36,296 (37220 w/o exception)Utility - Electricity $2,453 Utility - Gas $12,369Utility - Water/Sewer $6,275 Total Expenses $91,497 Expenses Per RSF $8.39 Expenses Per Unit $4,357I did some additional digging and found that they offer Wi-Fi for the building (I talked to a rep and said providing service for a building that size should run 285 a month) and the trash was left off which runs about 285/month.
Scott C.
New here from Philadelphia
4 March 2016 | 5 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Luke Pauling
Teen Interested in Real Estate
22 February 2016 | 9 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Matthew Fields
Condo foreclosure
18 February 2016 | 4 replies
There has been no Lien on HOA dues filed.
Erin N.
Timely appraisal issues - I can't be the only one
18 February 2016 | 2 replies
We order an appraisal, as soon as your file is submitted.
Andrew Adam
4-plex, tenants, and partial payments/evictions.
19 February 2016 | 10 replies
If after the 5 days (or what ever is required) then file for an eviction.
Collin Golden
New to this and Proud of It (in Oregon)
17 March 2016 | 21 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul