Matt Z.
LLC/Business to Manage my Rental Unit(s)
(No replies in the Landlord/Tenant forum. Trying here instead.)Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near...
Daniel B.
Clarification on how Cap Rate is calculated
Just to clarify, is the cap rate based on the purchase price divided by the net operating income or is it the purchase price + Closing Costs + initial cost needed to get property in rental/sellable condition?
For exa...
Michael S.
5 Learnings From First 5 Rentals
About 2 years ago I determined that I wanted to get into the real estate game. Just this past month, my wife and I hit our first major milestone -- 5 homes! Because BiggerPockets has been instrumental in helping us re...
Mike McGee
Least seasonal STR market in FL?
A couple of years ago I sold an LTR and 1031-exchanged it for an STR in the NC mountains. I have grown to really like the STR business! Now I want to sell a handful of LTRs and buy another STR, this time preferably in...
Mark G.
What's Your Conversion Rate for Cold Calling Software-Generated Leads?
What is the average conversion rate for cold calling using software like PropStream, specifically targeting probate, foreclosure, or tax delinquency leads? Additionally, how many calls does it typically take you to su...
Jared Carpenter
What One Should Know About Equity Waterfalls in Multi Family RE
Good evening BP World,I was hoping that through your collective responses and examples, we as a community could learn more about the common real estate waterfall components.In layman's terms, could a few of you kindly...