Adrian Chapman
Brand new. Should I start an LLC for rentals and flips? Is having a partner beneficial?
Hi everyone. Really glad I found this site. I am NEW to the game and haven't quite taken the dive yet, but want to make the plunge soon. I have ready several books, been through the buying process along with friends a...
George Lekas
comping a closed hotel
Hi, everyone,
I need some input. My broker sent me an opportunity to buy a 90 room, full service hotel in a rural area, and the price seems low- the owner wants $475K. The biggest problem for me is: ...
Sean Dougherty
Probate/shortsale/foreclosure...all at one time!!!
Interesting situation: I have an offer in on a probate property. Property is in foreclosure. No equity in home and a special administrator has been assigned by court as the PR. Thus this deal would be a short sale. Ad...
Jordan Pothier
What options do I have as a homeowner?
Hey again, I am a homeowner and have been for the last almost 3 years. I was wondering if there was anything I can do, or if this is a smart move, with borrowing from/against my house? I do have equity built up and a ...
Ean McNaney
Trying to refinance asap but bad credit. Put family on title?
I have been trying to get a refinance for over a year , after being denied at the last minute by Quicken loans I am trying just about every avenue possible . Wells Fargo froze my bank account so I was unable to make...
Orlando Ortiz
First Smoky Mountains STR - Advice
Hey guys,My wife and I are closing on our first STR in Waynesville NC next week. We are incredibly excited to get into a great STR market, but also an area that we enjoy and will continue to visit ourselves. A few spe...
Roy Assaf
How Do I Find What's the Cap Rate for my Area? (NY)
I have a question for the buy and hold investors,We decided to start looking for a small multi-family in the NY area (Bronx, Brooklyn, and Westchester) to keep as a rental property. We are studying every day about it ...
Joseph Garner
Hypothetical numbers for a 12 Unit
Just testing my numbers and what an offer should look like. Any feedback/input is appreciated!! (Keep in mind this is just a made up deal)Asking price: $700,000 for 10 unitsArea has 9% cap rateMonthly rent is $675/mon...
Andre M.
Questions from a new guy (regarding 2% rule, foreclosures, and taxes)
(I moved this from another area, so hopefully a moderator can terminate it from the wrong board, since I am not sure how to)Hey folks! What a great site and community. I have been doing a lot of studying, and I have...
Edison Nunez
1031 Exchange or SELL ???
Hi biggerpocketors,
Wondering if I can do a 1031 Exchange or SELL. My intent was to rent it but...
Here are the numbers:
SFR
Price: $72K Cash purchase
Date: Aug 11th 2017
Rehab: $40K
New Appraised Price: $227K
...