Tom Fenoglio
CPA & Attorney referreal for out of state investing
I will be investing from out of state (I'm from Argentina). I'm looking for an attorney and a CPA who could advise which direction to take with the LLC setup.
I will be investing:
Real estate - I will buy 1/2 renta...
Arthur Voskanyan
Commercial Residential Apartment Complex-Purchase
If you wanted a commercial property, a residential building apartment complex of 10+units, what are some things to consider?
How is the lending process? Does it work the same as for residential homes? In terms of con...
Maria Mora
Room NO Window Can I Rent as Office Space?
I am trying to buy first property to house hack, live in for 1 year, and buy another. The house has the master bedroom with a window that leads to an added enclosed room that looks like it was previously a sun-room. I...
Karla Kahmeyer
CapEx for small Multifamily
Hello BP universe - When I'm analyzing a deal for a small multi family property, should I be using a higher CapEx set aside assumption than I would for a sfh? If I would typically set aside 5-7% for CapEx on a SFH, sh...
Scott Trench
How to Write a Great Introduction to BiggerPockets
Hi Folks - Thought I'd make this a sticky in the "New Member Introductions" Forum. First of all, welcome to BiggerPockets! You are in the right place if you are looking to learn, network, or begin taking deliberate ac...
John Khadiyev
Renting a 3/2 to a family of 6 wise move?
Hello,
I am thinking about renting a 3/2 1500sq ft home to a family of 6. Four kids ages from 7-12 and two adults. That's two people per room. Is that considered wise to do? Is that full occupancy or more than recomme...
Mike Ball
CapEx Reserve In multifamily Properties
I am having a tough time understanding how $250-300 per unit is adequate for a CapEx Reserve. For example, if an HVAC blows out, that’s a $3000+ expense and there goes 10 years of reserves. There are so many other ite...
Rivy S.
Initial vacancy-- how to classify expenses?
When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...
Brian Stutzman
Taking your broker to arbitration? Advice wanted.
I posted this in legal but wanted a broader viewpoint. I have a family member who listed a property and the agent put in additional wording on the listing contract (it has an additional paragraph in our state for add...
Aaron Hite
Can someone explain how to set up a Land Trust in Arkansas?
Hello BP,I am trying to set up a Land Trust in Arkansas. I cannot find the Trust Agreement and Deed in Trust forms. I was wondering if someone could send me these documents.Also:- Is there another form needed if the T...