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BP,I have a 30 unit multifamily off market deal on the table that I am going back and forth with. I will list out the pros and cons and then break down the numbers as best as I can. Any feedback would be a huge help a...
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Hi all,
I am in the process of choosing a bank for a multifamily property in Rhode Island. Does anyone have any recommendations as to which banks/credit unions might be best. Are there certain things that a new inves...
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Hello, I'm currently looking at purchasing a business and having a hard time determining if my advisor has a full grasp on what I'm doing so here are the details. I am buying a business for $700k (100k property, 100k ...
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I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...
I'm looking to get my real estate license in Arizona. Does anyone know how much it would cost when I'm all said and done with tests/classes/fees and everything in between? I'm seeing around $600, but are there more fe...
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I am new to syndication investing and have read many comments on other threads regarding the ODC funds. Can anyone that is a part of Open Door Capital fund 1 or 2 comment on their experience? Any information is appr...
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Has anyone had success with renting a condo unit with positive cash flow? Due to condo fees (at least $200-$300/monthly), this seems to eat up all the potential cash flow. I don't see the 50% rule working well once...
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Hello, I am a first time investor and started to look for the investment opportunity. One thing I realized is I can only afford a condo in a good location right now. And my goal is to have a good cash flow and hold lo...
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Hey guys I wanted to share an example with everyone if its a "good deal" to wholesale to rehabbers.
3 bedroom 2.5 bath 1800 sq. ft 8800 sqft lot
Current Value: $200,000
LTV: about 72%
Homeowners owe about $80,000 o...
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Let me preface this by saying I'm not really an investor but find some very valuable info on this site.
I purchased a condo in 2009 which last lost some value in the past few years. My fiancee and I are look...