Account Closed
$111,000 per unit in Chandler AZ?
Just saw a deal close brokered by CBRE in Chandler AZ:$1.7m for 16 units, or $111k / unit. The buyer is planning a re-position / value add strategy so it's not currently in Class A condition.Is this the going rate in ...
John M.
LLC or umbrella
I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just incre...
Raymond Kemp
Rental Lending Private Lenders
What's the best ways you have gained good private lenders for rentals?
Li Wa
Hello from PA
Hi,
I am a complete newbie. My name is Lisa and I live in Bucks County, PA. I love listening to the podcasts during my endless commute and have heard some of them several times. I am trying to decide how t...
Wojciech Grajewski
How do I take Equity out?
Hello,
I own a home on Long Island that is currently worth about $500,000. The house is fully paid for. I have about $48,000 in cash and would like to purchase my first investment property. Should I do a HELOC? Can I...
Edward Brewster
BP Newbie in the Hill Country of Central Texas
I joined BP last week and have been navigating the website to get familiar with all it has to offer. I'm impressed with what I've seen so far and I'm excited about all the possibilities it may bring.A little about my...
Roxxy Marshall
Contracts
What are some contingencies and exit clauses to include in my PS and assignment contract to protect myself? I am looking to create them myself then take it to an attorney in my state (Delaware) to review. Can someone ...
Cassidy Burns
Who is buying Secondary Homes/ STRs in this market? If so, where?
Hi BP,Curious as to where you are buying your short term and Vacation rentals / secondary homes currently? I have a small amount 1031 exchange money that I need to put to work and I'm considering going the short term ...
Ty Wightman
Our 1st Deal: Lakefront Short Sale Near Downtown Gilbert, AZ
Hi BP! My wife and I are about to start the inspection process on a SFR about a half mile from the quickly developing downtown Gilbert area outside of Phoenix. The house sits on one of the many artificial lakes here i...
Rashad A.
Tenant Late Fees Delayed
Hi, I have a situation here and wanted to get you all feedback. My tenants have been delaying monthly fees for sometime now. In particular they were late in November and December for few days. Now, they have paid mont...