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I have 5 rentals. All paid-off. They total upto $1.5 million of rental assets.How do I do asset protection against any lawsuits, especially in a tenant-friendly state like California.Actions Taken:- I have broken them...
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How do you define cash flow? Rent less PIMI, OR, Rent less PIMI and what else. Trying to make sure I do future deals right. Any views will be appreciated.
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Hi BP, I meet with my first owner this evening, nervous to say the least. Looking for input as to what I know so far. A few things first, I do not have it under contract. I have not seen it due to current tenants, wi...
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Hello Every One. I am in ohio and i working on a deal now witha 10 Unit building. If i get the deal talked down to where i want it i think it might peak the right investors attention!! Here is some details
What ...
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Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
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Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
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I am 23 years old in NYC. I work as maintenance superintendent at a commercial building (about 80 000 sq ft) (4 years experience).So I love working in the Real Estate industry, And my goal is to start investing.But I ...
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When I bought my first property I was excited, and had my mind on doing just that for around 3 yrs. prior. I focused primarily on saving, and focused about 2% of my efforts on finding a deal. I left that up to my High...
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I’m new here, I have been working the calculators on different properties off the MLS. I am having a hard time with getting accurate numbers to put in the calculators. Such as ARV, and the repairs, vacancies and cap e...
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Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...