Robert Blazer IV
Series LLC in VA
3 November 2019 | 5 replies
Are there any pros/cons to forming a Series LLC rather than multiple individual LLCs for each property?
Bradley Gaulden
To buy or to wait, that is the question.
27 May 2016 | 17 replies
It all depends on how bad your credit is and why it is bad but the company that I use can get your score up (again the time it takes depends on your individual situation), it will cost you $87 per month.
Maria D.
Using an IRA account for RE investing?
15 May 2017 | 29 replies
There are some good calculators on the web such as the following that will help you rough the numbers for such comparisons, but you should always consult with your licensed tax advisor before doing a Roth conversion as there are so many factors specific to your individual situation that come into play.Roth IRA Conversion CalculatorAs for flipping houses in an IRA (Roth or Traditional) this is something that you can do so long as you keep your involvement administrative in nature.
Ryan Daniher
Salisbury, MD Real Estate Investments, just getting started
1 June 2016 | 8 replies
As a college student and aspiring investor while at the moment obtaining my Real Estate License in Maryland, I am looking to connect with other like-minded individuals.
Daniel Hernandez
New to BP and ready to kick some tail
27 May 2016 | 4 replies
My dad worked as an apartment maintenance 25+ years, so now its time for him to take his expertise and have him being the one running the show instead of making someone else richer.Im here to learn and to be a resource to anyone, I know from experience everyone always has something to offer regardless of experience or education.Hoping to connect with some investors, builders, property managers or other like minded individuals
Bruce Scannell
I need multifamily insurance for complex in Garden City Michigan
28 May 2016 | 6 replies
This is very convenient for tracking purposes, just 1 dec. page and it also eliminates services fees on each individual property.
Peter Brooke
Considering offer on a MultiFamily (3)
31 May 2016 | 10 replies
This is important because if you have to put out more cash for closing costs, this measure is going to change potentially significantly.Annual Cash Flow Before Taxes: $5,597.60Cash Invested (25% Down Payment): $61,475Cash-on-Cash Return: 9.1% (I don't know about you, but I wouldn't be super excited about this result.)To do a real analysis, you should be more concerned with projecting out cash flows and resale value as best you can and running IRR, but I think that the Cap Rate and Cash-on-Cash shown here at least indicate that the price is too high for this property.
Andrew Beaver
Loans with income limits
15 June 2016 | 8 replies
Issue is that I'm looking to purchase a property with another individual living in the unit and our combined income is greater than the allowed max income..So my question is, is it possible to sign the contract myself and get the house in my name but sign a separate contract with the other individual obtaining half of the down payment/ payment for any expenses and they receive returns similar to me in a 50/50 partnership?
Yousef Reda
GOOD DEAL? Please TELL ME BEFORE I INVEST!
28 May 2016 | 12 replies
However, if the place is operating as a rooming house - legal or not - when the appraiser reports back that there are 6 bedrooms (each with their own locks) and separate leases for each of the tenants, the lender will run away.Additionally, what @Ned Carey indicated about debt service not being included in NOI holds the same as practiced by investors in Canada.
Brandon Gowen
Need help investing large sum of cash money
28 May 2016 | 9 replies
How can you do that safely as an individual?