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Hello BP Members,Sorry in advance for the long post.So, for some background: I have been diving headlong into the material of the site as well as books and other material to get started in REI. I have settled on the s...
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Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate? A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...
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Hello BiggerPockets!!! I'm newer to the real estate investing game and seeking out some additional advice about taxes. I recently bought a fourplex that I'm holding (I'm even starting to look into another acquisitio...
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I have know idea what I am doing here. But here is my question. I know some of you are great internet marketing people. I have several websites that are templant sites by another website GURU. My question is that ...
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Can a double closing be done as where u would close with buyer 1st then use their funds to close with seller then everything get recorded after? To avoid having to use a transactional funder and their fees. Greatly ap...
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I am looking for some help identifying how to evaluate a mobile home park in duress. The asking price to high to justify with the current cashflow. It is a 150 unit park with only around 35 units currently rented. ...
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What is the market standard for determining a property's Cap rate and NOI? Do you get a professional appraiser or is it just as off the cuff as it appears to be on Loopnet?Are their certain expense items you can leave...
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Hi, I am looking for private money for fix and flip and I’ve been getting emails from “private lenders” from being active in Facebook groups. How can I tell if these are legit private lenders? I have one saying I can ...
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I'm currently looking to get MLS access so that I can use that as another source for leads. What is the best way to: 1. Find and contact a realtor; 2. Establish some credibility and trust; 3. Convince them that we can...
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Hi All,My name is Alpha,I live right outside of Philadelphia PA (Suburb) area and just getting started in the real estate industry. When is the best time to set up an LLC or if there is any other entities better and...