We have just converted our garage to a furnished legal ADU and I have someone who wants to rent it for 2-3 months. I already rent out a 2 bedroom duplex and have had very good longterm tenants for two or three years a...
Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
Hello bigger pockets community! I am so excited about kicking off my new venture as a real estate investor. My focus right now is trying to obtain a wholesale property. I have looked for properties on auction sites an...
What are the rules for advertising to attract private Lenders. I've attempted contact with 2 different sec attorneys, and I just get the run around. Can I post something along the lines of: "Current investment opportu...
Hi all - I am in the process of applying for my first commercial loan for a property that was a bed and breakfast but I will be turning into a short-term rental (Airbnb/VRBO). After reviewing my application informatio...
Hi BP, I'm currently looking at a 8 unit all residential multifamily building. The owner has operated this building for almost 20 years. But it is currently in a B1-2 zone. What documents do I need from the seller to ...
I am currently looking at a deal in Essex county New Jersey it is being sold to me as at a 7% cap. Its 41 unitsin 6 properties the net operatingincomes are as follow $76,844, $111,517, $35,257, $42,412, $51,792, $46,...
Looking to start investment properties again in the Sioux Falls, SD area. I have decided to set up an LLC. Is a lawyer necessary for a rental property business start-up? If yes, please list recommendations if you kno...
Might be a dumb question but if it doesn't show up that's an extra advantage, correct? The advantages are that it wouldn't affect your income to credit ratio? as well as perhaps not count as an official mortgage that...
Hi all,
Has anyone leased their units to companies providing services to sober living or elderly care services?