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Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%. I just dont feel good about paying an extra...
A $100K "exotic plant" side hustle to over $2 million in real estate? The truth is that you can use virtually any side hustle to help kickstart your real estate journey—whether you need capital to invest or want the e...
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Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...
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Hey all -
A friend of BiggerPockets, Greg Swann of Bloodhound Realty, recently put together a free e-book on divorcing real estate commissions that I thought you might be interested in.
According to Greg, As long as...
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I am being advised by a CPA to form my series LLC and place it inside of a trust. He says that legally, this provides much more personal safety for me and my assets. Is there truth to this? Is it worth the extra money...
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I currently am under contract for my next rental property. This will be the first rental property that I have bought since getting married and having my first child. My wife and I combined our finances when we got mar...
Hello, we are being evicted after a very long time. The landlord has chosen to renovate after all this time, and though we have been good and loyal tenants with the rent always on time, he had the sheriff tape an evic...
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I am a new to REI and am building a list of criteria of what a property must meet in order for it to be profitable. through my research I have found that it MUST have high equity. However, how do I determine how mu...
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Hello BP community. I live in NJ but have two rental condo units in Orlando. I want to find a local attorney that can help me appeal my property taxes. I welcome recommendations and your thoughts. Thank you, Shane
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Unfortunately I've been on a bit of a hiatus since my last post. Below is a brief walk through of my journey in purchasing my third single family rental in Memphis, TN. I made plenty of mistakes when I made my first t...