Joe Merullo
Incorporation Advice Needed
13 May 2024 | 2 replies
Hey all, first post here and excited to be a part of the community.I would like advice from experienced investors on their recommended incorporation structure for a business that will raise money from external investors to use in funding equity requirements of lenders in in fix/flips and BRRRR rentals.
Alyssa Teepen
Cash out refinance clarification
15 May 2024 | 11 replies
AKA it is a way to access some of the money you've put into your home while also making sure you can still afford your mortgage payments and other debts.You will need a renter in place as rental income is apart of the calculations when underwriting these loans in addition to the other factors you mentioned like monthly housing expenses (PITIA: principle, interest, taxes, insurance, assocaited fees ARV, debt outstanding.
Matthew Hoffmann
Writing a creative commercial offer
13 May 2024 | 7 replies
Purchase price $500,000Property is 10 unit apartment building net rents ~$96,000 annual and NOI ~$57,000 which is accurate from 2023 proforma.
Hari Narayanan
ADU and Topo/Boundary Survey
14 May 2024 | 5 replies
I checked with the City and both the Planning and the Building departments said they don't require a Survey.
Suzanne Reinbold
Recommendations for property management company in Kent County Michigan
16 May 2024 | 9 replies
I do not have any recommendations in that area however I know that BP has just launched a "Find a Property Manger" tab in their Build Your Team Section.
Nick Rutkowski
Has Anyone Copied McDonald's Real Estate Strategy?
13 May 2024 | 19 replies
McDonald’s does not own land under building unless they also own the buildings.
Scott Bridgehouse
Powering Tenant's Electric Via House Common While Waiting For Utility Company: Risks?
15 May 2024 | 2 replies
I, the owner, living in one unit of this two-unit building, was never told this.
Griffin Malcolm
Help with Flip vs Rental Analysis
15 May 2024 | 4 replies
Would rather hold to collect rent with depreciation write offs and build wealth than sell to pay capital gains
Chance Covan
New investor looking to get started- what would you do?
15 May 2024 | 23 replies
Staring with a few flip projects could be a strategic move to build up your reserves and establish an efficient assembly for your investments.
Andrew Frank
Raleigh-Durham home+rent appreciation continued growth or stagnating?
15 May 2024 | 12 replies
I also heard from a home consultant on a new project out there that they're planning to build about 5,000 new homes, though he didn't know how long that's going to take.