Shawn Reisner
Apartment complex seems too good to be true. What am I missing?
6 December 2017 | 9 replies
Have you driven the neighborhood?
Kusum Chanrai
Appreciation vs. Cash Flow (and other questions/thoughts)
3 March 2017 | 4 replies
Appreciation is driven by growing your NOI.
Sebastia H.
Deal Finder Software (Need Your Feedback!)
6 March 2016 | 8 replies
AVMs are a dead end unless you're going to work AI into it, embedded into a robot that actually walks out to the property as well as to the relevant comps, and calls agents/appraisers asking them why this home was that price, and so on.
Richard S.
Private Lenders in New Jersey
29 June 2016 | 21 replies
Some important things to ask yourself about each property before pre-qualifying for an Investment Property Loan: a) is the DSCR greater than 1.25x for each property?
Thomas Gagnon
NEED TAX ATTORNEY CPA ADVICE, TRAVEL TIME FOR RE PRO TEST
26 March 2017 | 5 replies
Contemporaneous documentation of miles and hours driven.
Mark Updegraff
Lead STATS: Wrapping up 2014, Many thanks to BIGGERPOCKETS!
4 December 2014 | 27 replies
I have driven past that quad a number of times and I am pretty sure they did nothing about it.
Jake McKay
Newbie finding multi-family deals in Utah
23 December 2014 | 11 replies
There are at least 2 hedge fund companies that have been buying up rentals in salt lake and davis county for the past 2 years (restore utah, llc and american homes 4 rent) which has driven the price up a bit.
Jose Diaz
Should I incorporate before Investing?
5 June 2014 | 26 replies
The legal structure you select will be driven by your personal situation, the type of business, and your future goals.
Cal C.
How not to sell a multi-million dollar spec house!
24 April 2015 | 10 replies
$2.5 Million dollar spec house in Berkeley Lake GAThis house is fairly near where I live and I've driven and walked by it multiple times.
Nik S.
Post Closing - Rent Pro-Rations - HELP!
8 September 2014 | 4 replies
These are the amounts COLLECTED & UNCOLLECTEDThe percentages of rent are as follows:Jerry-32% - 10 days for AugustNik-68% - 21 days for AugustTo Nik (CURRENT OWNER)-$505-1767 #8$520- 1566 #5$250- 1588 #8$1275 x .68 = $867 + ($176 pre paid rent from 1767 #12) = Total of $1,043 due to NikTo JOHN DOE THE PREVIOUS OWNER:$200- R Smith$200- W Jack$490- J Hab$90- Kyley D$305- Lyn H$415- Harm W$250- Ra P$500- Vicky $100- Rin Mo$2550 x .32 = $816 + ($120 for Vic Wi /July Rent) = $936Uncollected Rents for August-$65- Ro Smit$285- Wi Jac$10- Ai Pi$5- Vic Wi$300- Est Mo$665 x .32 = $213 due to John DoeDue to John Doe (previous owner) - $936 + $213 = $1,149Due to Nik (current owner) - $1,043Difference due to John Doe= $106-------------------------------------------------------HERE IS MY ANALYSIS ON THE PRO-RATIONS: *(my response I had sent over to the previous owner)Settlement : Nik is owed $227.00 --------------------- Nik's owed total = $1043.00 $505 + John Doe Collected $520 + John Doe Collected $250 + John Doe Collected --------- = $867 (68%) + $88 + $88 = PrePaid Rent Payment ($176) = $1043.00 John Doe is owed $2550 (see above for figures) x .32 = $816 Vic Wi $120 - is ours on the assumption we could have applied that to Septembers rent.