James Hamling
Flipper too Holder, how to solve the LT$$$$$$$ dilemma???
8 January 2014 | 3 replies
He sold his brew, an old time American logger, to the local bars a case at a time.
Brendan Blake
Real Estate along the coasts; is there investing value??
25 December 2013 | 1 reply
But see this related BP topic (http://www.biggerpockets.com/forums/88/topics/110262-thinking-of-an-investment-in-a-hedge-fund) specifically the 'side bar' post I made a few days ago on the 2% rule for multi-family REITs.
Joshua M.
Does the 50% rule apply for short term renting?
3 January 2014 | 10 replies
If there is some reason you can't sell now, like some title snafu, then what the market will produce will at least limit expenses to carry it, barring that you don't lease to a wrecking crew.
Steve Mizer
New Member from Cleveland, OH
5 January 2014 | 29 replies
Some pointers for you: The "Learn" link across the top navigation bar has lots of great info, and so do BP members!
Blake Capson
New Member from Salt Lake City, Utah
27 January 2014 | 8 replies
The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members!
Tara Piantanida-Kelly
First deal - Analysis help? Buy-and-hold multi family
27 January 2014 | 2 replies
If the duplexes are of the age & condition where there will soon be big ticket items, then a separate (10%) CAPEx reserve in addition to your maintenance allowance is a good idea.Also make a similar allowance for management (7-10%) even if you plan to manage yourself.Finally, include a vacancy allowance (8-10%) in your scheduled rent to allow for the inevitable.If the property still performs with theses allowances in addition to the known expenses, then you have a keeper {barring some huge discovery during your building inspection}.
Suzie Remilien
Performing Notes - Training advice for Seattle newbie
14 April 2014 | 18 replies
You can type note investing in the search bar on this site and it will give you some great stuff to read.
Ian Kirk
Multifamily Learning Advice (newbie)
10 July 2019 | 17 replies
Look into joining or starting any clubs or journals related to real estate or where you could write about REI to get your name out there and build your resume.Your 2L and 3L year would be a better time to invest though I would personally just recommend waiting until after the bar to start buying.
Account Closed
First Duplex Purchase and Renovation
26 October 2020 | 8 replies
I'd recommend LVP for flooring. you'll need a table saw or circular saw for cutting, also a pry bar to pull the joints together. a good box cutter knife as well. tape measure and pencil. also use pry bar to remove shoe molding at baseboard if there is any.
Anthony W.
Looking for contractor for kitchen construction Indianapolis
28 July 2020 | 2 replies
I am looking for referrals or recommendations on contractors that can remove existing laminate countertops, knock down the existing high top and convert to low top bar countertops.