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Hello!My name is Zachary Arendsee, and I’m a father of two and active duty Air Force Pilot in the Sacramento area. I discovered BiggerPockets through the podcast and @JScott’s great books, both of which I have enjoyed...
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I’ve partnered with an owner of quite a few properties in Bloomington and Decatur. Together him and I own a 32 unit just outside Decatur, and it’s doing well. I have a few more units in Urbana that do ok, but not kill...
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Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
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Okay Bigger Pockets Folks
The time has come for me to make some decisions:
My situation: I live in Sf Bay Area in California. I own two Single Family Home Rentals currently. One in California and one in Texas Both...
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I own a condo inhabited by four unrelated individuals, which is legal in Raleigh, NC. As landlord I pay the utility bills and just don't get how each resident can use 86 gal of water daily. I was told that this is not...
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We have a new situation here that we’d greatly appreciate input on from the BP community… but first, anyone know a good lawyer to have on-hand for questions like these/cost?
We screened out many, many tenants that ...
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I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
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Ok- subject is euros. Greece and Portugal are kinda messed up. Now, Germany and France are threatening to depart the euro. IF this were to happen, is euro dead? Are we(the U.S.) going to loan (read- give away) money t...
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I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
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I am tired of reading about real estate investors seeking advice on where they should incorporate or how they should structure their entities for anonymity. Anonymity is NOT asset protection. To lay it out as simply ...