Jeffrey Johnson
Selling primary home
I have a question that I hope will have a somewhat easy answer.
the wife and I would like to move out of the area we are in now. Our home price has dropped probably 50k. We are not underwater bu...
Rick Bassett
Arms length transaction question
I am setting up a LLC for property management. The LLC will manage my properties, which are single member LLC's as well as well as properties for other owners.
My plan is to have my property management LLC collect a ...
Mathew Randolph
My First Post / NYC Analysis
I found a cool building in South HarlemThe seller wants $2.6M for this 5 story, 7 apartment, 4500 square ft. residential building in Harlem. I estimated the total renovation costs at $1.1 million, NYC averages around ...
Account Closed
What are some rule(s) of thumbs for evaluating Multifamily props?
I'm new to real estate investing. I'm starting to get my mind around evaluating deals, learning the rules of thumbs expectations, etc.What are some rules of thumbs you all go by when evaluating a multi-property deal?W...
AJ Singh
Multifamily as first deal- Live in it or rent out?
Hi Folks,I'm an aspiring investor in the Portland-Beaverton area and am looking for a MFH as my first deal. One thing I'm trying to figure out- when I find one, should I live in it and house hack (by it paying for my...
Cheza M.
Is the interest ever going to come down?
Hi BP Community,I’m planning to buy my second turnkey property, but I’m a but hesitant because the lenders are on par for rates and no one is giving any fixed rates right now until they hit underwriting. The down paym...
Nikki Perry
Seller Financing - promissory note
Good morning,
I am new to seller financing. I have a house in Fort Worth, TX that I am selling. I received an offer from a investor. I had the house on the market through the company I had managing the investment ...
Nicholas Foy
Buy now or wait.
Hi everyone,
I own a single family rental in Seguin, TX and I’m looking to keep adding more rental properties. I am interested in single family and multi-unit properties. I currently have 45k in cash and I save a...
Ben Bakhshi
Selling equity shares of cashflow investment properties.
I am trying to raise funds and was suggested to offer equity in my properties at a 10 cap rate. So, if a property makes $8,000 NOI a year, at a 10 CAP its worth $80,000. Let's say I paid $50,000 or the property 3 mont...
Michael LeBlanc
When should I establish a Legal Entity?
I’m about to house hack my first duplex and I was wondering when is the best time to get an LLC and why?