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I’m new to rental property investments. I see some in my area that look to be in decent shape but says the property was built in 1886. What would be reasons to shy away from a property like this? I’m up for the challe...
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I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
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http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
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Background: I'm a CA resident who owns rentals in TX. I've been researching / talking to people about the best way to structure an entity for asset protection. I am seeing 2 structures that seem popular:1. Two company...
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Hi BP,I'm looking for recommendations for a Property Management firm that services the City of Philadelphia that has experience with problem properties. I'm from out of state and took over a problem property from a fa...
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I recently joined a coaching program ( not associated with BiggerPockets at all ) that claims to be able to take a total beginner with no knowledge in Real Estate to the point of making a successful house flip within ...
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Hi everyone,
My partner and I are just taking the first steps towards our real estate investment journey. We have our stable day jobs but we envision a different lifestyle that we currently have. For about 6 months w...
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Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
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Newbies start from different places on the track. Some have cash and less than perfect credit. Some have excellent credit and no cash. What three books would you recommend to a newbie regardless of where they are o...
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I recently finished the exam and obtained my license in Utah as an agent. I have a full-time career elsewhere at the moment - only plan on doing a small number of personal deals on the side. (Likely in high price ma...