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I found a 5 plex in the Portland Metro area that could use some TLC. It is in a very desirable neighborhood and would be great as condos or an updated rental property. At present I think I can get the property for aro...
Hi everyone,First time investor and looking for some advice. Newly constructed duplex for 525K with each side renting for 1950 and 350 for a garage. Gross = 51000 but I would be going traditional financing route + po...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $189,000
Cash invested: $40,000
I set a goal for myself to purchase my first buy-and-hold in 2022 as a first...
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Hey everyone,I have a RE wholesaling company (LLC) with a partner that's owned by his entity and my single member LLC. We distribute profits from the wholesaling company to our individual entities (his entity and my s...
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Hi BP Community - I'm looking for a great attorney / CPA in Los Angeles. Someone who's smart and experienced please!
Thanks everyone!
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Hi Everybody!I purchased a multifamily in June 2016 using an FHA loan. I did a little research and would love to create an LLC for this property (and possibly future properties). However, I heard from a non-attorney i...
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This is to anyone who owns an apartment complex. How are you insuring your buildings? I have seen where they can be insured for agreed value, cash value, and replacement cost. I am curious how you all are doing it?
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Quick survey:Would you rather own 5% of 80 units OR 75-100% of 10 units? And why?
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Hi there, I am from Charlotte, NC and I’m wondering if anyone can help answer a few questions I have concerning becoming a real estate agent. I’m thinking about making a career change and getting my license, but I’m...
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I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
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