I found a property for sale asking price 200k with some structural issues. My plan is to live there for a while but it’s a perfect opportunity for a rental when we move on in a few years. The home’s AVR is $280K with ...
So I recently closed on a duplex. The person I bought it from already has a signed Tenant/Landlord Agreement. My question is do I have to honor the exact terms? Am I allowed to alter things, such as charging for use o...
Looking to connect with an experienced CPA who has experience working with private money lender's. I work with Private Money Lender's to acquire multifamily properties at a favorable basis as an "all-cash" buyer. I th...
Ok so my wife and I decided we are going for our personal residence before investing in real estate. So should I get my personal residence through an LLC knowing I'm going to be investing soon. Or do I just get it in ...
Hey guys, I am so happy I found bigger pockets. I don’t know if this is the right forum to connect with other members. I am in my second year of real estate and I can’t complain. I am doing over 100 calls daily mainly...
Just reading the Multifamily Millionaire and learned about MRBA (Multifamily Repair Budget Algorithm) and the MCEBA (Multifamily Capital Expenditure Algorithm). It uses a MBN (Moving Baseline Number) of $100 and calcu...
Hello BP family, here's the situation:I have a tenant renting a single family property and a roomate who is not on the lease. Subletting is allowed by the tenants lease, but tenant never went through property steps wi...
When marketing your wholesale deals to your buyers do you include your own analysis breakdown of how you came up with the repair cost? We are debating whether or not to include that since it is only our opinion of th...
I love living in NYC. Most of the real-estate in my budget are co-ops. Does anyone else live in a co-op in NYC on this site? What have been the pros and cons of investing in one? What are some things I should look out...
Good evening BP I currently own four homes, one I own free and clear and would like to do a cash out refinance to purchase more rental properties. Under my mentor he suggested I put the home I owe free and clear into ...