Quinten Jones
Which entity structure is the best way to go?
Good morning everyone, I was up until 2 AM this morning reading various articles on the best type of entity structure for my real estate investing business. From what I have gathered thus far, forming two LLC's to...
Derek Meehan
4-plex Calc Analysis - This can't be right... is it?
View report*This link comes directly from our calculators, based on information input by the member who posted.My capital expenditures seems quite a bit low. I did a calculation and ended up coming up...
Johann Jells
Can anyone explain this cap rate calculation methodology?
This was part of our new assessment on a >4U multi. I can't figure out why they have anything about mortgages in their cap rate calc, I thought cap rate was on a cash deal, where you got it was your business. They ...
Mike Trzaska
Appraisal came in way higher than expected...what to do?
Hi All,I just got my appraisal back on my latest BRRRR and it came in wayyyy higher than expected....I know, good problem to have. Now I am faced with a decision, do I sacrifice cash flow and increase my risk exposure...
Account Closed
Where do i draw the line in saying yes after tenant screening?
Hello everyone,I have been getting great feedback so far so I decided to reach out for help again and post another question. I have screened my first tenant and after review i decided i wasn't really sure what an aver...
Account Closed
Creating a start-up with friend: confused about business structure
Hello BP!
My first post here, hopefully of many.
A friend and I have decided to start a REI business together in Florida.
I've been researching different business structures, and the amount of informat...
Jaylen Reed
Getting Started in Multifamily
Hi! My name is Jaylen and I decided to get started with residential and commercial multifamily. What are some things to look at first to decide whether something is a deal or not, instead of spending excess time on it...
Paul Cumming
Is this charge reasonable? Squirrels and HVAC
I just received 2 bills from my property manager in Memphis. $575 to trap squirrels (they caught 4) and $500 to "fix a fan. Fan was on low speed. Moved the wires to run on high. AC is now working as it should".
I don...
Julie Smith
Looks like tenant is on the road to suing us - California
Hey everyone. (sorry this is a long one) This is our personal home and is very modern. Lucky us, we keep getting these "professional renters" and I am just beside myself. First of all, we had a family move in 4 years ...
Tim Windhorst
Should I be worried? What would you do?
Hello BP community - I got this message from my property manager in Huntsville on Monday (yesterday):"This is the tenant at XXXX Apt. C. I got a call from Huntsville Utilities last night saying that there is something...