When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...
Hi all, I'm very new to all this and would appreciate any advice you are willing to share. Goal is to do my first BRRRR or Flip in Q1 2021. Today, I identified a neighborhood to target for off-market deals. I then dro...
Hi, I currently have two properties in Jersey City that I rent out and am working on getting my third. When would be a good time to start an LLC and switch the other two properties over? I currently have umbrella insu...
Hello everyone, my name is Wayne, I live in Michigan, and I am a newbie to BP.com.While a newbie here, I do have some experience in the real estate game.I have two SFR condos rentals that are doing quite well at appr...
The house is finished except for the bathroom where we ran out of primer. I did some quick research and found Kilz High Build primer. Expensive, but I wish I had found it prior to painting the whole house! There ar...
OK, first off I'm not talking about that other F-word, the one that ends with "CK" and is certainly considered a vulgar word in any company, I'm talking about the word "FLIP"-I truly believe anyone in the business of ...
Last week we closed on an 81-unit multifamily community and I shared 3 key lessons learned over on the BP member blogs. You can check out those lessons there. Now, that we've been owning this for a week, I thought it ...
Canby, OR (altos.re) this is our little sandbox right now.City of 20,000 in metro Portland MSA . Of course when you see that average list price is 675k and average rent is 1950.00 its not a cash flow play for new ...
Where I am located, due to state laws, I cannot use sites like List Source to buy mailing lists as they do not sell them. Therefore, I was thinking about using our local property tax website to create a list of 2-4 un...