Jason Fontes
50/50 ownership property but responsible for ALL debt to Lenders.
Hey biggerpockets forum, I am currently looking to get into my second multi family home. My first property is a multi family joint owned between me and my business partner, we have an equal stake in the property. Natu...
Account Closed
Need Some Bank Suggestions
Thanks to @Dmitriy Fomichenko and Sense Financial, I have established my solo 401k retirement account. I now am looking for a local Bank establishment that will allow me to open a Company Retirement Account. I was pro...
James Edwards
Owner Carry v Conventional
Curious as to thoughts on owner carry v conventional financing. It has been my understanding that owner carry is typically something a buyer does when they have insufficient credit, or ability to qualify for a loan. I...
Tim Bergstrom
Memphis market and deal analysis Covington TN
Hey BP,I specifically have a question for those who know and understand the market in Memphis, TN and the surrounding areas. Rather, I would love to get a second (or third or multiple) opinion(s) on a deal I'm looking...
Julio Velazquez
How to determine rehab cost ( prior to seeing it in person )
Hello BP,So I have a few questions, I’m trying to analyze deals just to get a better understanding of how to do it so I can feel more confident when I’m going into my first deal..Now I understand that when you’re flip...
Uneeq Khan
Calculating ROI for BRRRR
Need help understanding ROI in a BRRRRSo say ... Purchase price $50k, down payment $10k, rehab $30k, ARV $100k, refinance $70k, therefore $10k is left in the deal. Is ROI based off the $40k (money used) or the $10k (m...
Yao Thompson
Section 8 Tenants How to Raise Rent/Evict if needed?
How does the process for eviction/ rent raise for a section 8 tenant differ from any other tenant? As I currently understand it the only difference is I would need to send another notice to my government tenant as wel...
Patrick Zepeda
Estimating rehab costs before or after inspections?
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
Mack Bailey
How to research areas without MLS?
How would you recommend I go about researching a target area without MLS access? Should I use Zillow or similar apps to get a broad sense of local markets. Of course these arent viable sources of data for making offers.
Paul Sahota
Vancouver, BC Investments
I currently own a small retail building in Vancouver, BC that is generating modest returns with a 5% cap rate. also own a high revenue liquor store in the Greater Vancouver, Area. In Vancouver typically cap rates o...