James LaFarr
50% Rule for Analyzing
When analyzing a property on a site like LoopNet, do you use their NOI that the seller has listed, or will you calculate your own NOI using the 50% rule or something similar to analyze it?
Chris C.
Self Storage Site Selection / Planning & Construction Help Needed
I've been looking to build self storage. My personal budget isn't massive however I feel enough to get a phase 1 of a project done then once stabilized used to finance phase 2. If I need to get more money to knock it ...
Chase Puckett
STR on a non primary residence
Now that denver doesn't allow STR on non primary homes, what are you guys? I have been running mine as a MTR and it is performing well but not as good as STR. Any advice helps.
Jared Baker
Bookkeeping as a Solo Propriater
Hello BP. Not sure if this is the right place for this post or not but seems close.I just bought my first rental property, a triplex. It needs some work, but one of the units is already rented so I'll have that inco...
Gary Li
Can I convert Rental Income from Schedule E to Active Income on Schedule C?
I have several Rental Properties owned by my wife and I, we manage by ourselves, so we have positive Rental Income on Schedule E. but negative Income on Schedule C, can I put $3000 Property Management Fees as expense ...
Robert Frazier
How to connect with JV/Co-GP for Development Project
We're done with entitlements and have permits for our first multi-family, 17 unit development in Boise Idaho.Land is owned outright, design and entitlements paid for.What are best ways to connect with Guarantor or co-...
Kanwar Sodhi
Help with Calculator
Hey BP!
I was looking to purchase a flip potential in Baltimore for about $80k and it’s ARV is about $210k
What do y’all fill out in the Purchasing Cost Breakdown? Do you have a rule of thumb that always works?
Title ...
Mike Ballew
Kitchen Complete Rehab - Where to Start?
I am just starting out house flipping and am uncertain where to start on a kitchen complete gut and redo. Do I go to one of these all-in-one renovation centers where they do the design for free as long as you buy all...
Henry Chen
Seeking advice: contingencies removed, buyer won't close in CA
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
Ryan Saldanha
Contractor has left me in the DARK!
I gave large deposits to a GC on 2 flips in FL. One project is small 3 bedroom house is only 50% done after 3 months. 2nd flip I gave deposit 10 weeks ago and I checked with the permitting office and their drawings/...