Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
Two months ago, I completed a REFI to lower my rate and increase cashflow. Within two weeks of closing, my lender sold the note to a large lender based in Florida which I’d never heard of. I was shocked to read ABYSM...
Hi Developers, I have my eyes on three adjoining lots. There are several examples in the city where an investor bought a lot, had the custom design completed, and then marketed/sold at the "completed" price point - bu...
Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May. From first glance i am okay with this. I think this might weed out those that won't pay due to Co...
So folks, after having made the commitment to buy an investment property, and having flailed about, not knowing my direction, making some random, bonehead offers, not knowing exactly what I want to do, etc., I think I...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
I am just starting out in real estate, and have been told by multiple people that a buy and hold strategy for positive cash flow, while getting a decent COCR in my area (Portland, OR) is very difficult/ not possible. ...
Just curious what some of you syndicators plan to do where you have been buying 3, 4, 5 cap "value add" deals. If rates move against you, what is the plan? I have no dog in the fight but aside from the 100% bonus dep...
To start off, my husband recently attended a FB seminar and yes he paid for the three day course. He is so excited and looking forward to starting this business, BUT he can't afford the $25,000 to begin. (I would not ...
Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...