Casimir Fussner
a commercial building acquisition in Kingston, NY- S-Corp or LLC?
Recently, acquired a commercial building(meets the 2% rule) in Kingston New York. I am out of my depth! I am comfortable with aesthetics and renovation... Am I able to hire a real estate consultant that could guide ...
Zachary Wolz
50% rule = 70% rule for me?
I live in south Florida and would like to build a portfolio of rentals down here before venturing out of state so I can have experience with the business before trying to do it absentee.
While trying to tweak the 50% ...
Lara Nicole
Overpriced Multi-Family listings in Washington & Oregon State
I've noticed a steady increase in most Washington & Oregon state MFs to the point where these properties don't even come close to meeting the 1% rule & would actually be breaking even or taking a loss if purch...
Laurence Obi
SET BACK PROPERTY LINES DEFAULT. HOW TO PROCEED?
I am about closing on a really good deal. I only found out yesterday from the survey that the home lies a few yards outside the set back property lines.
Does anyone on here know what the consequences of this are and ...
Federico Cantero
Build to lease
God night to all.
My name is Federico and Im starting on the Real Estate business down in Central Mexico. In this country, as you can imagine the RE business is a hole different animal that in the USA but numbers nee...
Ari Archer
Back of napkin calculations in east bay
I'm curious what sort of back of napkin calculations people use in the East Bay to get a quick picture of cash flow. It would appear that nothing passes the 2% test. 50% rule seems to be working ok, but I'm curious if...
Cory Melick
Running the Number: Why does everything seem so Expensive?
Hi Biggerpockets! I need a little help or guidance. I feel like many of the properties in my area are overpriced. I'm looking to purchase SFR properties in Charlotte, NC and the surrounding area (concord/kannapolis)...
Geetha R.
Where to invest in Texas for 1% ARV
Hi All,We are beginners to Texas real estate market. Please advise on areas to invest for 1% rule. We are going to have our base in Dallas area, but we are open to invest in 3-4 hour radius, near Houston, Austin, Okla...
Shane Craig
Opportunity Knocks Or Does Failure Knock
In the past I would only buy rentals that had great cash flow. In my area it's relatively easy to get single family homes close to the 2% rule and apartments at the 1% rule( C class properties). I have many homes and...
Kristin Wollmer
First Analysis- Looking for Advice
Hi, I just joined BP and am analyzing my first deal in Wisconsin. At first glance this property I found on Craigslist seemed like a good deal, until I ran the numbers. It is a 6 unit fully rented (5 one bedroom, 1 two...