Adrian Tilley
How to Value a Motel - Denver Colorado
Hi,I have a lead on a 28 unit motel near Denver Colorado (actually in Commerce City). It's in rough shape, but the owner states that the units stay rented. They are about half 1/1 and half studio, all with kitchenet...
Craig Jackson
Transitioning from Full-Time Employee to Full-Time Investor
My wife and I have been investing for 10 years or so. About 5 years ago we decided it would be best if she stayed at home with the kids full time. During this time she has done a tremendous job not one with the kids, ...
David Baker
Tax implications of a single flip
Hi all, I have read several posts on first flips and taxes but have yet to find the answer. So here goes! My wife and are both employed and in a higher tax bracket. So if I flip a house this year and profit $25k a...
Elizabeth Susan Ademi
$300,000 in student loan debt
Hello from Connecticut!I have a hate-love relationship with Connecticut. I hate the state because it's WICKED expensive to live in. I love this state because it offers over 300+ bird species that migrate through! Yes,...
Michael Sjogren
Property Management Fee Question
Hey everyone, I am analyzing a deal right now for a 26 unit apartment complex. I know on larger properties (50+ units) it is common to have an onsite property manager and the fees are between 4-6% plus payroll costs f...
Quincy Knighten
Agent with home builder
Hi everyone, I wanted to ask you guys a question. Has anyone ever worked with a builder as an agent for their subdivisions? I’ve seen positions like it available several times and I want to know what made you go that ...
Cody Evans
Capital Building/Savings Plan NEWBIE
Hi BP community!I am Cody (as already stated), I am 22 and looking to make a good side and eventually a career out of real estate. I will begin making 50k/year soon and my wife makes 60k/year currently with our own ho...
Patrick Liska
Bed & Breakfast Investment
Hello BP Pros. I have been in dealing with with a property that is a B&B, 3 story house with a carriage house. the house is zoned in an area that it could be a 2 family. my thoughts were to rent out the 3rd floor,...
Account Closed
Onsite management
I've been looking for a larger multifamily building in my area lately. I've decided I will use a property manager, but at what point do you need an onsite manager and/or handyman? I have a 90 unit under contract rig...
Jeremy B.
Logistics and Structure of Multiple Non-serial LLCs for Rentals
I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...