Jim Myers
Unique deal structure - advice wanted
I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
Charmaine Holden
Bank Loans for funding RE rentals
I recently got pre-approved for a conventional bank loan to purchase my 1st REI property . I was limited to the cost amount on a property I can purchase from their assessment from my financial history. However, for my...
Kal A.
LLC doesn't own title, use for other business expenses?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...
Chris Reeves
Any tips on employing your own lead generator / property analyst?
Hey folks,EDIT: Moderator - feel free to delete my post in the PRO forum because it's the same. There's very little traffic over there and I got no responses so I decided to post the request here in multifamily.I'm wo...
Kylie Gerstein
What do I do with this property? 7 br 2.5 ba 3000sq foot ranch + fire sprinklers
Hi all!
Context: My husband and I purchased this property with the intent of running it as a residential assisted living home. It is already equipped with a fire suppression system and monitoring. For personal reas...
Greg Junge
Residential Assisted Living - Real Estate Only
Hello BP!I'm writing to connect with others who are investing in the Residential Assisted Living space. We buy residential assisted living facilities in Phoenix, where I'm a Realtor and have lived for the past 15 year...
Will Schryver
Anyone have experience using 401k to fund their LLC?
Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...
Jon S.
Triplex valuation
How does one evaluate the value of a triplex using income? If for example, rental income is expected to be $3000, how does that effect the valuation of the triplex property?I know how to analyze the cash flow, the Cas...
John Hixon
Need help with potential deal
Purchase price is $470,000 NOI - $42,915/yr. What do you guys think?Thanks.
Maggie Shadburn
Reverse BRRRR or rental calculator?
Is there an online calculator in which you can put in all the other variables (repairs, vacancy, desired cap rate, interest rate, closing costs, rent, etc) and have it calculate the purchase price? In other words, a ...