Hermilo Garcia
LLC
Hello everyone,I have been reading books by Robert Kiyosaki lately, and he talks a lot about creating your own LLC to protect you assets.Should one create an LLC before purchasing property, or after?Any advice on LLC'...
David K.
Gas Forced Hot Water Boiler Replacement cost
Hey Guys-In all my units the heating systems are forced hot water gas baseboard. At some point the 25 or so year old boilers are going to start going. Anyone have one changed out recently? Trying to get a rough ide...
Andrew Plotner
Looking at First Investment, Any Advice is Appreciated
So backstory, I'm in the military and have about 6 more months on station. Don't know if I will be going overseas or not and want to get into real estate. So Jumping in. Have lots of properties lined up to go visit wi...
Spencer Fry
4-Plex- High price but significant value adds
I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
Alexander Chavez
Partenering agreement for fix and flip
Hello,I am based out of Chicago. Was hoping to get a few thoughts on what would be a fair agreement for a possible deal with a partner. We'e already began discussing and seems like it will be happening soon. The pl...
Kyle B.
Splitting Profits with Partner on Rehab
I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
Shachar Avraham
How to increase rents with rent control
Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
David Fenster
siXis - a community based multi-family development
Investment Info:
Large multi-family (5+ units) buy & hold investment in San Jose.
Working on a deal to take a parcel with a single family dwelling on it and converting it to 6 individual rentals, with a ...
Andrew Merritt
Creative Property Conversion
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $248,000
Cash invested: $280,000
Sale price: $559,500
My partner and I purchased a single family home with a de...
Will Sifert
What is the going rate for purchasing wholesaling leads?
I see a lot of people here have websites named stuff like "SellYourHouseFast-YourCity.com" which I assume most of you just work in a specific area. I have a lot of experience internet marketing and was thinking of bu...