Brenden Evans
Rental Property Investments
22 August 2024 | 13 replies
@Brenden EvansCongrats on all your success!!!
Heather Szucs
Colorado Market tips
28 August 2024 | 6 replies
All that to say, your goals will determine the best exit strategy for you.
Nadir M.
Hot tubs and fireplaces
29 August 2024 | 7 replies
I personally don’t like either and don’t trust all tenants to use appropriately.
Keri Aiken
Banking in the state of your LLC. Can it differ from your home state?
30 August 2024 | 11 replies
In case anyone wonders what ever happened with this as I do appreciate the time you all took to provide your experiences.
Raheim Watson
New to BP and investing
28 August 2024 | 3 replies
Hello all,My name is Raheim and I live in North Carolina, i am new to investing amd looking forward to learning and networking.
Arnella Irby
Investor not complying with renovation agreement
29 August 2024 | 2 replies
Based on the details from the clerk of courts, it appeared that the investor was attempting to hide assets and refusing to turn over documents, one of which was copies of all renovation agreements.
David Switzer
Question on Cap Rates
28 August 2024 | 9 replies
Example:-------------------Tenant A - Grandma Millie's Sewing ShopBeen in business 1 year, decently profitable, signs 5 year lease.Rent = $60,000/yearTenant B - Eye Doctor office.Been in business 5 years, quite profitable, signs 5 year lease.Rent = $55,000/yearTenant C - Subway5 year leaseRent = $50,000/year-------------------If I assign the following Cap Rates, I get these building values:Tenant A / 10% cap rate60k/.1 = $600,000Tenant B / 8.5% cap rate55k/.085= $647,000Tenant C / 7% cap rate50k/.07 = $714,000(or even $45k at 6% cap rate = $750k)-------------------I just made up all of these numbers.
Julio Gonzalez
Cost Segregation on Office Building
29 August 2024 | 2 replies
Great breakdown @Julio Gonzalez , really helpful to understand Cost Segregation.I want to add one reminder for all of us, Land is never depreciated, so the basis value ($641,100) of the property above NOT includes land value.
Nate Pucel
Water damage occurred inside home during roof replacement.
29 August 2024 | 4 replies
I feel like there's no way the renter could be expected to stay in the house while this is being repaired, but I don't know how this all gets remedied.