When, if ever, do you depart from the 70% rule in making your max offer on a property?
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...
Story time! I purchased a long term rental in 2020 and shortly after my first tenants lease was up I came to find out they up and left, breaking the lease, and leaving me with a ~$10K bill to get the home rent ready a...
What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
Hello there ! We have a prospective tenant and her son that we are screening. The mom is going to live there. Son is going to be on the lease, but won't live there. The main income is from the son. Both have excellent...
In my city, RE did not get hit really hard like most areas. There are a lot of investors paying cash for the income properties.
Seems like most returns are about 7% in rent.
Even with a 25% down on a property, thes...
Just curious if you pick up your rent from your tenants (not an option I would ever want to do), have the checks mailed to a P.O. Box (I have no interest in having my tenants know where I live with my family), or have...
Wondering what the appropriate questions are to ask before making an offer on a Multifamily? I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyon...
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...