Lee Arnold
Terminology Help
I am new to investing and doing wholesale deals and I keep seeing people talk about the ARV and the % ARV. I know that ARV stands for after repair value but I'm not really sure how people get the number and how they f...
Ian Tvardovskaya
Cleveland Metropolitan Housing Authority Review
Looking for a review of the Cleveland Metropolitan Housing Authority (CMHA). How easy are they to work with? Good service? I do a lot of work with Columbus Metropolitan Housing Authority and i love them. I would like ...
Bill Robinson
6-unit Analysis, my thanks in advance
All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
Andy Kurtz
First Deal as Lender - Low CLTV but 2nd Position?
At a recent BP MeetUp, I met an investor looking for private funds for a fix and flip. Here are the particulars:
ARV: $600k conservatively
Acquisition Cost: $300k (probate deal)
Rehab Cost: $150k. Will take approx 6...
Armin Shivazad
Depreciation from individual to partnership/LLC
Hi all,I had purchased a long term rental in 2022 with myself and spouse as the original owners. We took the depreciation on our personal tax return in 2022. We transferred the title of the property to an LLC where bo...
Leslie A.
Full Time on One Year Investing Anniversary!
I'm proud and thrilled to tell the forum that I met my goal. July 11th was the big day!
Anthony Sigala
Is the 1% rule dead in Arizona?
We are all aware of the 1% rule--the gross rent produced by a property must equal 1% of the of the property's acquisition cost. The question being, does this still hold true for Arizona? If not, what metric do you guy...
Berron J.
BRRRR a new home construction
Is is possible to utilize hard money for the downpayment to build a multi family residential (2-4 plex). Upon completion of construction and after the seasoning period, then refinance in order to pay off that hard mon...
Bob Lowry
Can Property Management be a real business?
I am a cash investor managing my own properties in CA. Due to high acquisition costs, I am limited in making the number of investment units I would desire, but do want to remain in touch with the market and genera...
Craig Curelop
Using Roth IRA for down payment
Thanks to everyone at BiggerPockets, I got my first deal under contract! I've had my Roth IRA for 5 years, but recently rolled it over from Merrill Edge to Betterment. Does anyone know if I can still use this as part ...