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My business partner and myself are looking at getting into the real estate market. We have experience in construction as he's a Lineman and myself manage construction. We have two questions. Is it better to buy and re...
So heres my story, bought my first house in 2013. made the basement separated living quarters. basement rents for 1200/mo. upstairs rents for 1800/mo. mortgage is 175k and house is worth minimum 450k. so i feel ther...
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Hello BPer's, I need your help! I just transferred my homes from my personal name to my LLC. I live in Ohio and Ohio does not track owners on the SOS website. My LLC is registered via a 3rd party and my name is not an...
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How do you account for RUBS in your proforma underwriting if the property is all bills paid?Does one reduce the current effective rent and then implement rubs? If so, by what measure? Reduce to market rent without b...
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Sam here. Law school drop out, 4 year entrepreneur since undergrad and heading into the RE game from the investor side. I've been told to start with wholesaling and am following that path and am based in San Diego, CA...
Hey all!I recently started working with an established house flipper in my market and learning the process. He has me going door knocking on foreclosures. I have been doing it for about 2-3 months and have gotten a fe...
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I’m purchasing a house for 118k that’s worth about 155-165 conservatively. Last week, I sold the smaller house across the street to buyer clients which appraised for 174 in similar condition. It’s already rented and t...
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With the BRRRR method, how can you own 10 properties or more and not be effected by “ debt to income ratio”?
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I recently won a course and boot camp by Don DeRosa from my local REIA in a raffle. Part of the online material is his Building Wealth course which mainly focuses on purchasing properties via subject to and conveying ...
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I am a real estate investor specializing in small multi-family properties in the Saratoga Springs NY area. In the 1 1/2 years I have purchased 3 properties in the area and am managing them myself. I would like to know...