Account Closed
How do I sell 38 acres of land permitted for 88 homes Elgin, IL
I am on the finance side of real estate. A long time customer has asked me to sell 38 acres of land permitted for 88 homes. Any advice on best way to achieve this goal. What type of points should I charge him? I am ...
Terry Harris
Is the 1% rule useful in Multi Family analysis?
As an investor looking to obtain my first multi family home, I have a couple questions pertaining to how I would go about analyzing MFH for a proper cash flow. I was recently listening to a podcast and heard that the ...
Randall Gillette
Updating My Profile Picture
I just set up a standard account yesterday. I am trying to update my profile so I can add an image and I keep getting this response. I havent actually uploaded a photo. Any ideas I why Im getting this if I didnt actua...
James David
Mom is selling her home
So my mom just called me stating she put her house up for sale. Her realtor told her that the houses around the same size in her area are selling for 155k.-which I'm assuming is the after repair value. Could I potenti...
Nazz Wang
Buying a LLC in Illinois
Hi BP Family,Recently I have come across a seller who is selling his Series LLC in Illinois with a portfolio of rental properties. I have never bought a LLC before and really would like more guidance on how this is do...
Jessica Fiesinger
New Investor ? - Cap rates, etc.
Hello everyone! I am newer to investing and currently just own a commercial property, which I have a business being run out of. I am looking to delve into owning and renting out multi-unit properties in the Cincinna...
Adam Wayne
What Size Water Heater For 4-Person House Hack
Howdy everyone,
I'm looking at a SFH right now that I would be house hacking. The house has 2.5 bathrooms, and after adding a bedroom, it will be 4 bedrooms. I'm planning to rent out 3 rooms and live there myself, so...
Manco Snead
Multifamily Good Deal or No?
Greetings,
I'm hoping to get some feedback on my first OOS property I'm looking at. Would you buy it given below? Good cashflow seems very difficult to find these days:
Medium sized city; midwest college town. Town...
N/A N/A
Understanding Financing Is The Key To REI Success
Many investors fail to understand how to structure a deal financially. Keep in mind that any lender needs to minimize their risk in the deal. Whether it is a traditional loan or hard money, the lender has to have a re...
Alex Kamunyo
Insurance & Utility rates in San Antonio
Hey everybody,I've been practicing analyzing as many deals as I can. But when I account for expenses I am having a hard time estimating the monthly insurance rates for a property in San Antonio and accurate monthly ut...