Patrick Menefee
1% Rule in Practice Regionally
Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
Bob Faulis
$150MM mixed use under way after being broken 20 years, $10MM away
Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
Paul C.
Note Funds with Upside
Does anyone know of any note funds where investors participate in the upside?I've seen funds that offer a preferred 8% or 10% return, but that's it. I'm interested in seeing if there are funds with possibly a lower (...
Justine Scheuher
$1200 for a CPA a reasonable amount for W2 and small LLC?
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Suzane Ivas
Working with more than one realtor at a time. Ok or not ok?
Oftentimes realtors will ask if I am already working with another agent. Does this mean they won't work with me if I am? I find working with one realtor very restrictive and slow. Working with multiple realtors ...
Paul Florez
Small apartment investing or continue building small multifamily (2-4) portfolio?
Hello all,First and foremost, thank you to everyone who has given so much knowledge the last few years as I dipped my toes into real estate. I have been a long time reader absorbing everything I can. I hope to contr...
David Dachtera
Modular Homes?
Hi, Folks,Want to solicit some input on doing new developments using modular construction.Just to make sure we're on the same page, let me define the distinction:Manufactured homes:Delivered to the final site in a com...