Michael Bier
Finding renters in November
Hello Everyone, My name is Mike and i have been reader on the site off and on for about a year. i am inthe process of finishing a rehab on a property that I will be renting out. It is my first rental property and was ...
Andri Artayudianto
Who hires a title company? The buyer or the seller?
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Phat Vi
Analysis on a 4-plex in Fresno, CA. Is the math correct?
Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
Greg Barrett
Types of Real Estate Risk all Investors Should be Aware of
Every real estate investment involves risk. Some investment properties have substantially more risk than others. Real estate development is generally more risky than purchasing a stable core asset in a large market....
Kevin Harrison
smokers?
I have been a part of BP for over a year now and have been a smoker since I was way to young, but my question is when did smokers get such a bad rap?I personally don't smoke inside of even my own home, not even once. ...
John McKee
NN Retail Just closed for $580,000
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
Joel Oh
Write off luxury car under STRs?
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
Account Closed
First Wholesale Deal
Hi Guys ~ I have a property under contract, that will be my first wholesale deal, barring any disasters. The house is an extreme hoarder house. The heirs inherited the property. One of the siblings had lived in it for...
Llewelyn A.
New Broker - How to do learn Brokerage Operations
@Russell Brazil@James Wise@Joel Owens@Darren Sager@jay hinrichsWell, I find myself in a bit of a dilemma.I decided to get my Broker's License and start a Brokerage Firm. I now have my NY Real Estate BROKER's License (...
Mikey Kay
Putting together a real estate syndicate
I am looking to put together a syndicated real estate deal. After meeting my lawyer he suggest I talk to others to see how they have structured there deals.
Example: % of acquisitions fee, % mgmt fee, % they took as ...