We have been buying multifamily properties for quite a while now. Before acquiring properties we have been doing all the underwriting ourselves. As we are growing, we are entertaining the idea of hiring a third-party ...
Hi everyone!
I'm so excited to share that I've just listed my first STR in KCMO, right next to West Plaza! I followed much of the guidance on these forums and books I've read, and started off strong with over 30 nig...
I'm under contract to purchase an apartment building in Ohio. I have the option to purchase the real estate or to form an LLC, transfer the property into it and purchase the newly formed LLC that owns the real estate....
I have been going back and forth trying to decide which one is best - Beyond Pricing, Price Labs or Wheel House. I have a condo in Lahaina, Maui that is part of a large complex (Aina Nalu by Outrigger). The unit is ...
I own a duplex in California. I have two good, steady, paying families as tenants.
Tenant A has been there for many years and has three pets that do not cause problems.
Tenant B just acquired a dog yesterday, and ...
when analyzing deals I am using 10, 5, 10 and 12 percent for repairs, cap ex, property management and vacancy rate respectively. These are conservatively high in my area just so I know we can “hit the mark”.Question:...
Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...
I ran comps using a local MLS website in the area, and my question is: Is the ARV based on the highest price in the area, or average price ? I'm pretty sure it's average, but just wanted to make sure. All the newly ...
I would like to start off by thanking Biggerpockets for all this great info. I realized I read this forum a min of 30 mins a day.
Back story:
We had a fire at our apartment complex. It appears to have b...
Hello All,We currently have an LLC that owns about 24 single family rentals in MD. They're currently financed with a local bank at 4.75%. They're fixed for 5 years and then adjust, we have 3 years left before the ne...