Hi BP- I currently have a multi-unit in Missouri that was purchased under an LLC. I have a two part question for the attorneys in the room.1) Our lender required that my mother be listed on the LLC Operating Agreement...
Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...
We are looking at purchasing a mobile home park, maybe 2 soon and am interested in hearing the best way you all that have purchased mobile home parks came up with the best value.One park looks like a good opportunity ...
What are the most common challenges investors face when securing fix and flip loans, and how do they overcome them?
If one were to use the CAP RATE method for calculating the value of a commercial property, if all the leases are triple net rather than gross, would you simply divide the gross operating income by the CAP RATE? Am I ...
Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
Hi Guys/Gals, I am a new member that finally saved up for a year and have enough to get into a low DP property. I have a property in mind that has an asking price way higher than I think would be profitable but have f...
Hi guys, I'm new to investing. My first potential purchase! Having a little trouble deciding if this is a good deal for me or not. I'm in Fargo North dakota. This is a three plex in a older neighborhood. House was bui...
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
I have 5+ buy and hold properties, i have limited cash right now for another down payment, my debt to income ration hits almost the limit. How should i scale from here ? Also i have connections with people who are ea...