Scott Roper
1 Dog Has Now Turned Into 2
7 June 2015 | 14 replies
,To make the @ work, do the following: Hold down the shift key and type @?
Moshe Eisenberg
How to cash out on a 3 unit owned by LLC
1 June 2015 | 8 replies
They key is to find a small local bank that is a portfolio lender (they keep their own loans, rather than selling them).
Roberto Chan
I hear a lot about the 2% rule and cash flow but what if
2 June 2015 | 16 replies
I had a pro offer me a turn key cash flow positive but in Chicago but I don't know anything about the company nor the area so I decided to walk away from it for now.
Dave Jeltema
Show me how to find deals and you can have the deals I find!
1 June 2015 | 1 reply
Networking is very key.Local auctions and online auctions.Here's the key.
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
5 June 2017 | 113 replies
Asset protection is my key goal when trying to build wealth.
Mark P.
New Member originally from Philadelphia, now living in Orange County, CA
4 June 2015 | 14 replies
Some of our key phrase (e.g., "buy my house fast") are $20-30 per CLICK in the Orange, Riverside, San Bernardino markets.
Azeez K.
100 Unit Property Under Contract - Seeking Input from Fellow Investors
23 May 2016 | 33 replies
Here are some of the key stats:Purchase Price: $2.8MUnits: 100Unit Mix:50 3bed/2bath's @ $580/month50 2bed/2's @ $425/monthFinancing Approach:80% Bank20% 10% down payment10% seller financing @5% with a 5 year balloonConservative Annual Financials Financials:-15% vacancy-Rent potential: $618,000-Property Taxes: $30,000-Insurance: $21,000-Maintenance / Repairs: $60,000-Water / Utilities: $68,000-Advertising: $4,500-Property Management: $52,530 (management fee and employee salaries)-Garbage and Recycling: $15,000-Landscaping / Pest Control: $18,000-Security: $5,000In summary:-$525,300 gross income-$273,030 total expenses-$177,396 (5%) annual mortgageoFirst 5 years: Seller financing repayment on 10% of purchase price @ 5% interest rateOpportunities:-Sub metered, but water is covered by current owner (~$55k)-Increase rent on 2/2's to $485We would love to hear your thoughts on the good, the bad, and the things we haven't considered or simply answer any questions that you have.
Ian Riley
BP Newbie from springfield MA! Just signed up.
3 June 2015 | 14 replies
Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.
Tariq B.
One Email Short of Firing the Property Manager
2 June 2015 | 8 replies
Key turn-in at 7PM on the 31st, new lease and move-in on the 1st.