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Hi All,
I
am nearing an offer on my first multi-family deal in Riverton, Wyoming. I am
doing my best to be thorough in my property evaluation and approach
this as a business rather than a hobby, but recognize I...
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I am looking at an 18 unit complex. It consists of two buildings that each have 9 units in them. The buildings have an upper level with units and a lower level with units. There are 12 units that consist of 1 bed/1 ba...
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I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
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I am working with a seller on three 5 plexes that he wants to sell as a package deal. He is not willing to separate them at least not at this time. All units are currently occupied. Here are the numbers: Asking price ...
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Hey Everyone, So I am looking at my first rental property this Saturday near Lansing Michigan. I am wondering what the most important questions are that I should ask the owner of this three unit rental property? What ...
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Aloha all,I am in an interesting situation and really want to move towards my dream of renovating/flipping homes.I am currently a project engineer for a GC. I was recently (2 months ago) relocated to Maui, bought a co...
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Hello BP!I've started looking at duplexes and just can't seem to figure out how to make them work. So I live in Wisconsin between Madison and Milwaukee. There are some higher end towns in my area that have several d...
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Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
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I am getting ready to make an offer on a house that needs some rehab. I am planning to keep the unit as my first rental property. House cost = 85K, rehab 20-25K with value after rehab in the 125-130 range. I was plan...
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I'm newbie to all of this. I have a rental property in Austin, TX that has almost doubled in value since purchasing in 2008. I Have had amazing renters for the last 4 years that have said they are moving out. My wife ...