I incurred about $1200 in expenses in trying to buy an investment property. After many inspections, professional opinions, and negotiations, I backed out because the price was too high vs. estimated renovation costs....
Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....
Hi BP!My partner and I are within a week or two of opening an LLC in the state of MA. We are going to apply for a small business loan to open the LLC and for any additional start-up costs. Based on your experience, ho...
Hello all, I am a new wholesaler just getting my beak wet. I have found someone interested in closing a deal. Ideally I would like to just get this BP contract I found under the file place signed online so I can get t...
I own my primary residence. I am now looking to buy my first buy and hold rental property. I am wondering if I should start and LLC or just my it in my name. Does getting financing change if you buy it in an LLC? Or d...
Can someone really delve into cap rates, and NOI and how they’re related? I understand the concept but I feel like I’m overthinking it, and I was told by another investor that if you know the cap rate it can help anal...
Like many investors, I initially chose to invest in multifamily because I was investing in single family homes, and I wanted to grow my portfolio faster than that asset class would allow. What I didn’t know was that ...
Hello,I am planning to start with the first flip in Southern California. I know the market is not the best for this kind of operation at the moment but if I will find the right deal we are ready to pull the trigger.I ...
Hello my name is Seth. I am looking for an Attorney to help with setting up my Real Estate Investment Company. I live in San Antonio and would prefer someone close, but is not a necessity. I am not from San Antonio...