Need to close escrow on a transaction on Monday, October 13. It happened fast. And I need a new LLC to take title with. If I reserve a name officially, can I use that even if the rest of the process is not finished?Pl...
Hello all,We just purchased our first duplex in Parma, Ohio that is now fully rented.Thanks to @Jad Boudiab for acting as my realtor. He is professional and prompt. Thanks also to @Neal Mahoney as he is a highly re...
Will a hard money lender lend to two separate LLCs that have decided to purchase the same property? I'm going into business with someone and we both have our separate LLCs. We decided to work together but wanted to kn...
Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
Hi BP community! I was wondering if somebody could please explain cap rates for me? I’ve watched videos and read articles but I can’t seem to understandHow do you calculate them? When do they matter?Thank you!
16 Unit apartment building for sale Price $825,000 at a 8.83% Cap Rate in Waterbury , CTPlease can anyone confirm for me. Cap Rate is basically a fancy way of saying salary ? Salary = Cap Rate x Purchase Price Salary ...
Folks are encouraging me to seek private investors to help me with a deal. This would be the first time I have approached anyone that isn't a big bank, so I'm unsure if what I am offering is enough to whet the appeti...
Operating income is a key 🔑 measure of success for a RE 🏨 strategy. It's the net income generated from the operations of a property, and it can make or break your RE strategy.
1️⃣ Rental Income $2,4002️⃣ Expenses $1,...
I just bought 2 family in Bayonne NJ and want to buy one coin operated washer & dryer for tenants. I have never bought coin operated before. What is best options for me? where should I buy and what size? how much ...
This question is specifically for investors who operate in the NY market, more specifically the 5 boroughs. If you're not operating in NY, please don't bother reply.1. I want to know if I am legally required to consul...