Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
I’m am having a hard time creating a plan for getting started on my real estate business. I feel I don’t know enough information to feel confident enough to guide someone in the process of buying or selling real estat...
Hello BP,I'm thankful for such a place where I can get experienced advice. Here's my situation. Rent is due on the first and my grace period is 3 days, so on the fourth its late. I haven't had a problem with any of my...
I see a lot of apartment syndicators lately...of pushing deals that to me - are MARGINAL at best and downright RISKY at worst.I mean I see deals where the project IRR is only 15%-20%. That level of IRR is MARGINAL and...
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, h...
For those willing to take some time and hear my situation out to give some advice,
I'm a 19 year old college student (in Lancaster, PA) at Thaddeus Stevens College of Technology working part time (full time over summ...
I am a 29 year old male, married, with joint income living in Dallas. My wife and I bought our first home in Feb. 2020 for 360k (4bd/2ba), worth roughly 500k now. We were fortunate to save enough to buy a new primary ...