I'm looking at a 12 unit apartment complex in Central Illinois that is for sale. It's a nice place that has been well maintained, owned and managed by a husband/wife for over 20 years. Units are in good condition, b...
It seems like every town I look in has such strict regulations where you need to owner occupy your unit. Where are you all still able to operate STR's? Thanks!
Hi - I started in earnest July 4th Weekend. I have a $1.5M deal I would like to walk through with someone who is experienced. It is a 24 unit Apartment in WI. From the CAP Rate & Gross Rent Multiplier and oth...
From what I've read on the Biggerpockets Forums in the US section, an LLC is the most popular for the liability protection, and the tax structure, and has less accounting headaches than a C Corp. However....here in C...
Looking for funding options for a lakefront motel - which includes 8 rooms, 3 cottages, and potential for 3 more rentable cottages. The Motel has been open and running for almost 50 years with a husband/wife team ru...
Hello,When offering to seller finance your own fix and flips to the public, everyone talks about Dodd-Frank and the need to use a licensed MLO to stay compliant. I started looking into how to become an MLO myself in ...
I would like to ask if the property below would be ok. I am a new investor. Price: $320,000Scheduled Gross Income $50,400 Effective Gross Income $48,384 Operating Expenses $24,496Net Operating Income $23,888Tax: $3,65...
I'm working on my first apartment deal. I might need a key principal if purchase price /loan amount is above a certain amount.I was told I should start looking for a key principal well before I find deal. Is this true...
Not you getting tested...getting the building tested!
As a Home Performance Expert I run into many situations of uncomfortable, unhealthy, and too often unsafe indoor home environments. When it comes to getti...
Hello BP community,
Legal concern for your consideration...
Acquired a short term hold property in fall 2012. Our attorney filed our Operating Agreement in Jan 2013. Going to close next week, buyers side wants c...