I'm a college student. And as a college student I have a lot of freedom. As you grow older, your obligations increase. Over time, you slowly become more and more tied down. Of course I can't speak for everyone, but th...
People say Cap Rates are the function of investor's appetite. If they are willing to pay less for NOI, Cap will go up. What about the tenants on the other hand? If they decide that 1000$ for studio is too expensive, a...
Hey there BP family. Now I absolutely know that I don't HAVE to go and get a business license to start wholesaling properties, but if I have the funds,
team, ect. to start a company, should I? Will it look better to ...
Hi BP Fam,My family co-owns a building in a small town in NY state in southern Hudson Valley region. West of the Hudson. It's 6 apartments and 4 retail shops below. Total annual income is $185,000. The building is...
I recently bought a single family house (for renting purpose) and I have applied for an LLC last week and waiting for certificate to arrive (should receive by this coming week).
I found a tenant yesterday and did ...
Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
Hi All,
My name is Kin and I'm a newbie here. Heard many great things about this forum and wanted to be part of this community.
I have a few questions about a property we've purchased recently in North Carolina. We ...
I'd like to get some advice to see what anyone would do in my situation and if they would be cautious of red flags.So I'm currently in business with my dad. 50-50 arrangement, we own 1 property so far and all has be...
I'm taking slow baby steps into Real Estate. I've finished reading:The Real Book of Real Estate -Robert Kiyosaki (reading it again)The Tax and Legal Playbook -Mark Kohler (actually about 80% done not completely)Invest...
My tenant currently has six people living in the property that has four bedrooms there are four adults and two children. The tenant has applied to add his two parents to the agreement. Bring the total to eight people ...