Has anyone ever heard of United Loan Management Company out of Las Vegas, Nevada? A guy named Steven Wilson messaged me and told me he saw my post on here asking for funding for a house hack/flip. He said that he woul...
What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...
If you're using a mac in your real estate business I have a few questions.
Hello BiggerPockets community,As I begin underwriting smaller acquisitions targets in both Logan Square and Englewood, I find it hard to project anything beyond a 10% IRR, CoC above 3.5%, and an equity multiple north ...
Hello BP community, I have a question about a roofing invoice. I had 2 roofing bids for a complete tear-off with a new TPO roof. I got a bid for $27K and then I asked another roofer to match it, which he did. I chose ...
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Like the title says I'm just curious to see what you all are investing in other than real estate (if anything) for 2018. I have a few rental properties already, all doing well, but I am about to inherit some money and...
Hi BP,As I'm actively raising funds, and searching for investors for a syndication deal, I had multiples offers to purchase a list of accredited investors interested in the multifamily segment. Has anyone ever purchas...
Hello everyone,
I have been trying to analyze properties for the last while (mostly single family, small multi family) from the MLS and happened to come across this large multi family development property. I live in ...
Hi,
I've been doing some reading and have found some mixed reviews on whether I should form an LLC and close under that for my first multifamily property purchase. This will be an owner occupied property. I've read s...