Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Bob Baldwin
Considering conversion of Industrial Building to Industrial Condo's
Got a call from a lady whose husband owned an Industrial Bldg on 9 acres . It had been used by her husband who operated several businesses . The actual building is 65,000 SQ feet . It has been vacant for 4 years other...
Varinder Kumar
Tenant requesting for 220volt outlet upgrade
My tenant contacted me today asking if theres a way I can upgrade one of the outlets in the garage to a 220volt. My panel is 200amp. He wants to purchase welding equipment. I dont know how it would work as far as liab...
Account Closed
E&O
One brokerage I'm looking at has zero deductible which is important to me but I fear there fees are too high (200 with E&O). I can't any info on Keller Williams's E&O or what there desk fees include and the...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Carlos Rodrigues
After obtain NJ real estate license now what?
Hello landlords, for those getting to know me, my name is Carlos and I'm seeking a future within real estate. I've recently enrolled in BP and the real estate business is a new industry for me. My current occupation i...
Jolene Desmond
Multi-Family. A gateway to Commercial Real Estate?
I have always considered Multi-Family to be an asset class of Commercial Real Estate... But I see more and more Investors who consider Multi-Family to be neither Residential or Commercial - something of its own. It a...
Jessica Carcamo
When exploring Debt Service Coverage Ratio (DSCR) loans
Greetings! I am open to connect with experienced professionals in the field, absorb their insights, and build lasting relationships that contribute to mutual growth. with that said I am new to the real estate industry...
John Hewitt
Help choosing a career path
Hello everyone, I am a sophomore in college studying economics and learning as much about real estate as I can. I know I want to be a multifamily investor and start a company to syndicate deals. I talked to a multifam...
Jap Path
PA : Quit claim deed to single-member LLC incur transfer tax?
Hi BP Community ,I have purchased a property in PA as individual ownership. I am looking to transfer it to an LLC through quit claim deed. My bank is OK as long as the owner of the LLC and and property match 100%.does...