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I have been searching for a vacation rental property on the gulf coast of Florida for about 5 years. I finally found something that I now have an accepted offer on. I will be retiring in about 4 years. This is my firs...
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Hello everyone,
i'm just getting started in real estate investing and we are about to move Denver, Colorado. We've been living in Atlanta for about 1 1/2 years and have been renting as we knew we wouldnt stay in Atla...
Hello everyone! I am looking to begin investing within the next couple of years with about 7 of my family members. Most of us are on board with the idea that we should create an LLC to purchase investment properties...
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It seems the majority of rental property owners want to lock tenants into 12-month leases. Yes, there are more than a few that insist a Month-To-Month (MTM) lease gives them more flexibility in getting rid of problem ...
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HiLooking for some advice. I have a condo unit where the pipes in the wall recently started making a knocking noise every time the water is used. Seems when the tenant flushes the toilet or runs the shower. Any ide...
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Let me start with I am currently in Boston area where a 3 family home costs 1-1.5M on average. I am curious if I were to convert a 3 family home into condos would I be able to refinance each condo to get 75% LTV and i...
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Hi, I got my real estate license (Wisconsin) but I don't work with a brokerage or have any experience yet. Do I need to disclose that I'm licensed? At what point would I do this, in my direct mail marketing, door hang...
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Hi BP,
I've been working on a fix and flip calculator and I'd like to share it with the community. It's loosely based on the B.P Calculators and some things I took away from J. Scott's book.
The issue I kept runn...
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I'd like to move some rental properties that are currently held in my name into my LLC for liability protection. These props. have mortgages which, of course, have "due on transfer" clauses.
I'm guessing that the ...
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There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...