Jared W Smith
Property Analysis - Rules of Thumb
Hello all, I am constantly running analysis on prospective properties so I familiarize myself with the correct metrics, terminologies and what a deal actually looks like. I know there are several rules of thumb that I...
Kumar Gaurav
LLC for rent collection
Hello,I own a multi-family rental property and I dwell in one of the units. Are there any benefits if I collect the rent from other units through an LLC vs encashing cheques in a personal account?On a side note the mu...
Rome Wells
Any1 has any experiences with rent control type of properties?
Any1 has any experiences with rent control type of properties? I found one property with rent control on it.. and trying to make sense if I can truly get the maximum value out of this property.Rents are approximately...
Mike Douglas
1031 Exchange or not? Old home for New
I own a single family home in the Old Town area of Fort Collins, CO that I have a 5.9% Cap Rate on. Currently rented to good tenants. The home was built in 1904. Although the bones are in good condition, there is the ...
Jacob Dawson
Thinking about buying my first duplex in the Chicago suburbs
Hey guys, a little background before my question:
I am 21 years old, and I live in the Chicago suburbs. I am currently a commercial real estate broker specializing in retail, and so far, I have made roughly $25,000....
Tim Johnson
Remodel or buy additional?
Hi BP!I'm considering remodeling my 10 unit apartment building in Minnesota. Rents are currently affordable. The building has been 100 percent occupied since we purchased it 2.5 years ago. The units and common area...
Cate Mee
Real Estate Development Costs
Good Afternoon Bigger Pockets,I have been reading the site for awhile, but first time poster. I am looking for some feedback/advice from the BP Community. My husband and I own a vacant lot near the riverwalk in a hi...
Nicholas Ball
Determining an appropriate reserve fund based on property age
Hi,I'm looking to properly estimate expenses in my model when searching for deals. I'd like to be able to get a general idea of the expenses before doing further research into the property to determine specifics (like...
Rabia Khan
First investment property
should i buy an apartment/condo to rent out as my first investment property?
Kevin Kim
Is Purchasing a Multifamily in California worth it?
Hello BP,My wife and I have been searching our local market (Los Angeles) to purchase our first home. After reading books and listening to Brandon and Josh on the podcast, we are convinced that we need to start with a...