Kristina Pearson
The importance of a CPA with RE knowledge
I've been working with my current CPA for several years and have built a lot of trust, however, she's never worked with REI, rather entrepreneurs in almost every industry but RE. And after reading/listening to several...
Dustin Burke
Apartment Building & Expected Cash Flow per Door
We are currently evaluating our first apartment complex deal. Cap rate looks good but what is an acceptable cash flow per door for a small apartment complex? Say 10 to 20 unit? Thanks, Dustin
Troy W. Hudson
New to REI at age 60
Hi folks, my name is Troy and I'm a Christian. I'm married to a beautiful girl named Tammy and we have 4 grown kids and 6 grandkids. I just turned 60. We live in the Augusta, GA area. Our kids are spread out all over ...
Aaron Rouser
Seeking Advice on Entity Creation for Growing Portfolio
My wife and I own two properties in the Saint Paul, MN market - a SFR and a duplex - that are fully rented. We want to transfer both properties into LLCs, but we want to do so properly, and in such a way that sets us ...
Ryan York
Talking to Lease option leads
Hey all,
We've recently started working with lease options.
We have a tenant buyer site set up and we're working direct mail, Craigslist, fsbos and expired listings for sellers. As you can imagine, we're getting pl...
Joshua Smith
Out-of-State Buy&Hold Multi Family
Hello fellow BP members!I am a CA buy&hold investor trying to narrow my choices for out of state market choices, and was wondering which markets you guys would consider for buy&hold multi family and SFR? I nar...
Bryan Pham
Drawbacks of buying notes of out state
Hi BP,I am curious, what are the drawbacks of purchasing notes from out of state and the tax implications?
Lilian Gonzalez
Tenants Complain about Utilities
Good morning, I really appreciate any constructive feed back. I just bought a property in PA with tenants in it. I didn't ask to have them out (big mistake) They where not paying market value rent and only electric a...
Gia LaForge
Should I fire my property manager or am I crazy?
The tenants moved out of our rental over 2 weeks ago, and I have not heard anything from property management about it, no is it listed on their website as available. I realize it takes a little time to clean, repair, ...
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...