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Results (5099)
Roschelle McCoy Need help evaluating the numbers on a 12 unit apartment building
30 August 2018 | 9 replies

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...

Katie Buell WHERE can you still get an STR liscense?
3 April 2024 | 16 replies

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!

Steven L. Help Analyzing a Deal
26 July 2017 | 19 replies

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...

Brian Wall Best way to Legally Structure Deals?
24 February 2008 | 1 reply

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...

Natalie Gelbke-Mattis Motel Financing Options
31 October 2022 | 6 replies

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...

Patrick Sears Seller Financing your flips in Virginia-licensing requirements?
24 May 2019 | 2 replies

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 ...

Jason Ahn 6 Units - Multi-Family (Mass)
27 February 2017 | 1 reply

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...

Jason Malabute finding a Key Principal process
8 November 2021 | 9 replies

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...

James Meehan Getting Tested?
16 March 2014 | 1 reply

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...

Catherine D. Operating agreement formed after acquisition... any issues here?
27 March 2013 | 3 replies

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...