Swat Khan
Assisted Senior Living: OCCUPIED vs. VACANT
Hello BP Nation,Has anyone bought a vacant assisted living facility with licensing in place?Story: Seller is retiring and wants to sell all her assets and I'm working with a private investor to underwrite 5 lucrative ...
Sheldon Peart
Property Expenses & Cap Rates
Hello Everyone, I have two quick questions. We are currently looking for our first real estate property; multi-family to be exact, and have some questions regarding expenses and cap rates:1. Operating expenses - I hav...
Kirollos Toma
Setting up a LLC to buy properties how does the LLC get approved?
What type of business is best when planning to accept funds from investors to buy and fix properties ? LLC ?
How will my investors funds be subject to taxes ?
Brian S.
20% pass through deduction for 2018
I own an insurance agency and over the last 13 months I have bought, rehabbed, and rented 5 SFR’s... I actively manage the properties and I run them like a business. I meet/screen prospective tenants, I cut grass, pai...
Mike Smith
MF Syndication Questions from Beginner
Hello,I've been lurking on the MF forum for a while and have learned a lot. I'm interested in putting money in a passive syndication. I have a few questions:1. How much reporting is given to the investors? Are the...
Ariel G.
Looking into buy my first 4-plex in a metropolitan area in Central Valley California -Did I get the numbers right?
The Property is located in a class C area, right in front of a nice park and close to downtown, shopping malls, churches and a hospital.I walked there at night and I felt safe. Also, during the day I saw families and ...
Jan Lee
In calculating CAM, does Operating Cost usually include Property Tax?
Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...
Peter Paxos
Laundry Room Proceeds
Hi BP family.......
I'm looking at a 5-unit property in upstate New York.
The seller claims they are getting $3,600 annual income from the coin-op laundry.
Does this seems reasonable?
How can I verify the claim...
Otha McLennan
Personal Home under section 8, can rent be deposited in LLC acct?
Hello,Placing my personal property under Section 8, can rent proceeds be deposited in LLC act? Property is located in Colorado.
Vernell D Watson
Request everyone's opinion reference cash flow.
Hello Everyone,I have a quick question. Does it makes sense to buy a multi family home for 180K that will cash flow $1100 a month after the mortgage, taxes and insurance is paid? It's a two unit property and each unit...