20 July 2018 | 2 replies
Is there any way to affect the appraisal process, or is this a "luck of the draw" type scenario.
3 September 2018 | 9 replies
There are so many details behind the general explanation that just comes to you naturally as you research and get to understand it.You can start by using the search bar at the top of the BP website and type in a keyword like "BRRR" or "BRRRR" (sometimes they use 3 Rs, and sometimes 4 Rs).
22 July 2018 | 4 replies
I'm considering relocating in the near future strictly for the purpose of investing/building a portfolio of rental properties.I'm specifically interested in using the BRRRR strategy on residential 2-4 unit properties and 5+ unit commercial deals.I'm looking for assets in desirable C+/B- or better areas so no section 8, high crime or low income type of neighborhoods.Rents must meet the 1% rule and I'd like to cash flow $200/door after refinancing once the property is rented/stabilized.I'm trying to find a market where deals are more readily available than here in South Florida where it's very competitive.If you were gonna pack up and move somewhere strictly to invest in rehab/value-add multifamily where would you go?
19 July 2018 | 2 replies
Admittedly, I haven't seen your partners credit so I don't know what types of things are on their but that credit score itself is completely fine.Also, you don't have to wait 2 months if money is in a business bank account.
20 July 2018 | 10 replies
In Knapp the Court decided that rental assistance is NOT to be accounted for under income like other types of assistance such as food stamps or SSI.
28 July 2018 | 14 replies
To clarify, you are saying that there is a type of entity that can be considered an LLC (so you would create an LLC with some state?)
21 July 2018 | 11 replies
Move classes - Doesn't matter the type of real estate, theres good times to buy and not so good times to buy.
20 July 2018 | 7 replies
If you're just starting out, invest in Quick Books, and get your accountant or another investor to provide you a template that works for the type of real estate you are doing.That should hold you until you start to really rock, at which time I recommend Buildium.
19 July 2018 | 2 replies
Im also curious, what type of marketing are you doing in your area (ie: flyers, door hangers, pens, calendars, magnets) to create a presence?
19 August 2018 | 12 replies
WHO is your tenant base is it local,regional, or national industrial type tenants?