I'm currently exploring a new build construction as both a vacation home + short term rental. However, I'm looking at a scenario of co-ownership consisting of 4-8 investors. The idea is each investor gets a fractional...
Hey I'm in South Central PA and am a new REI. I am working with my partner and we are looking to get our first deal. I'm working with a local agent who is awesome! I happened to be driving on a street near my house an...
I am having some problems with the BRRR strategy, particularly with having my first property in the name of a LLC.It seems that the banks in my area won't (can't?) refinance the property unless it is under my personal...
[Note: I'm a long-time lurker, first-time poster]Hello BiggerPockets,My wife and I moved to San Francisco (from the east coast) at the end of last year for work and were excited to explore a new city/state/coast (even...
Hey,a very interesting historical analysis and model of rents in San Francisco (with data source on GitHub).For numerical guys such as @Brian Burke, @J. Martin, @Minh Le etc etcSome excerpts:"Overall [rents], they wen...
Hi all,I recently purchased our second commercial building in Webster NY area which has about 6600 sqft. The 2 tenants both decided to stay and has a cap rate of 13% after all expenses, we calc the cap rate using the ...
BP squad, here's what I'm looking at: nice looking 3/1 brick ranch a right turn away from thriving Augusta Rd in Greenville, SC. 30K purchase price ARV of 75K (most pessimistic scenario)15K of rehab costs (pessimistic...
Hi All, I own a rental townhome in San Jose, currently vacant as I was in the process of selling it. My tenants moved out today (6/15/2015). The market is super hot so I should get at least 20% over what i paid for it...
A man and woman (couple) unmarried signed lease. Two weeks later the woman called and wants the man off of the lease. No violence. She keeps calling and wants him off the lease, since they are not going to be togeth...
Hi BP! Longtime lurker and podcast follower of BP who inexplicably never got more engaged in the wider community.I've worked in mortgage lending since 2003 and happy to answer any questions or be a sounding board. Ove...