Jon Klaus
BP is now bigger than New Orleans
25 October 2015 | 3 replies
https://en.m.wikipedia.org/wiki/List_of_United_Sta...And we would also be the fastest growing U.S. city by far.Keep growing, BP Nation!
Shane H.
Can u help me put this deal 2gether? $2mil partial owner finance
28 April 2016 | 62 replies
#'s on the IRS Sched E (rounding for easier math) (He does not have mortgages on every property - just the 2 shopping centers)------------------------------------------------------------------------Prop 1 - Shopping Center 55,000 SF$110500 Rents (states if full should be appx $264000)$36700 Earnings after op expenses before Dep & Mortgage Interest ------------------------------------------------------------------------Prop 2 - Office Building - 12,000 SF (I believe he occupies about 1/3 of it but will move out -- he does not pay rent on this portion of course, uses it as a writeoff)$22200 Rents (says if you lease space he uses income would be higher)$8075 Earnings after op expenses before dep & mortgage interest-------------------------------------------------------------------------Prop 3 - Restaurant & Offices (wasn't given sq footage)$11400 Rents (says it should be appx $18k)$2000 Earnings after op expenses before dep & mortgage interest -------------------------------------------------------------------------Prop 4 - Shopping Center I believe...unk sq footage - didnt get a lot of details on this one$72000 Rents - unk if it should be higher$24400 Earnings after op expenses before dep & mortgage interest--------------------------------------------------------------------------Prop 5 - Restaurant - unk sq footage - got the impression this bldg was near the end of it's life - said best thing is at some point, scrape and rebuild - this may be a national restaurant and for the most part a NNN lease - made the comment every couple of years they tell him what they will renew the lease for.
Stephanie Apostolou
New Investor from Maryland
30 October 2015 | 9 replies
Welcome to the BP Nation!!
Jessica Prunk
Homeowner and future investor (very near) in the Los Angeles area
26 October 2015 | 8 replies
Glad to see more local women on Bigger Pockets!
Danielle Hammond
Newbie interested in vacation homes
3 November 2015 | 3 replies
You just missed the national convention (due to schedule conflicts, so did I unfortunately), but there's great information there.
Doug N.
BubbleWatch -The Kind Of Increases We Saw Before The Bubble Burst
28 October 2015 | 24 replies
Give me national or regional statistics showing prices, inventory, rents and vacancy rates.
Stephan K.
Multifamily financing
4 November 2015 | 8 replies
There are plenty of national players who'll cover your MSA with no problem as long as the property is in good condition and mostly rented.
Hersh M.
List of lenders and states they can lend in
27 October 2015 | 3 replies
You'll want to stay with banks with a national charter, so you'll be dealing with mortgage bankers who will equally have a national NMLS allowing them to lend in every state the bank does.You're right, if you stick with one lender who can secure your information and create applications for you for every property and every state, your purchasing and refinancing will be much more efficient.
Bryan Hancock
Title III Rules Go Live This Friday - Only Took 3 Years ;-)
6 November 2015 | 22 replies
Companies relying on the crowdfunding exemption would be required to file an annual report with the Commission and provide it to investors.Crowdfunding Platform/Intermediary Rules Funding Platforms must register with the Commission on new Form Funding Platform, and become a member of a national securities association (currently, FINRA).
Debbie David
New Real Estate Agent working with buyers/investors
13 November 2015 | 2 replies
I suggest you locate your local REIA Group per National REIA.