I just turned 45 in May and finally bought my first rental property this past March 2019. My wife and I started our own vacation rental business . Although this is the slow season in Big Bear Lake Ca, where our STR ...
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
Hey folks.I'm under contract on a 4-plex and one of my contengencies is the review and approval of lease and estoppel agreements for all tenants within three weeks of contract acceptance. My issue is that the seller's...
Read several times on here that people bought commercial or MFH and plan to hold 5-7 years...What happens if the market turns the other way and you can't sell, AND the fixed rate expires and you are now facing a highe...
So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
Hey everyone, I just recently decided on growing my knowledge on real estate and starting to use my money for investing in real estate as a vehicle for passive income and financial growth. My GF and I almost closed on...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
I'm sure there are many other techies like me here in BPwould be happy to connect and learn more about you:- what do you do in tech- how do mix tech and REI- which part is the side hustle Tech or REI ?About myself:- I...