Mark Paup
First Multi- Family purchase
So I made an offer on a 12 Plex built in 1950. The cash on cash is 12.8% and the Cap is 8.97%. The broker called and said they have 3 offers, but the buying is giving me first shot at $420,000. (Original price was $42...
Gordon French
LAs Vegas Vacation Rental?
I am not new to rental properties in any way. I own 11 properties but they are all local and traditional rentals. I would like to learn more about vacation rentals as way to reduce the expense of something I want, rat...
Colten Burress
Potential 6 unit building
My company has just started and I am looking for some guidance on some important forms that I should look into for a property we are going to potentially purchase. The property is a 6 unit, in an up and coming part o...
Joseph Howard
Resources to find empty lots + provide details for local zoning laws
Hi all,I'm interested in starting a container home project and am currently looking for a good lot to get everything in motion. If anybody knows the best websites or resources to locate empty lots that include pricing...
Nathan Coldsmith
Help..Best way to negotiate the purchase of a BIG RE portfolio?
Needing some help here from the Bigger Pockets community!Currently in negotiations of purchasing 11 multi-family buildings and some being multi use properties.. our biggest opportunity yet!The seller is on board with ...
Chelsea Ross
Asset Protection: To Share or Not to Share
Curious thoughts here. Do you talk about your rentals and real estate properties? Or are your lips are sealed to better your asset protection?Background:Like many of you, I LOVE real estate and the opportunities its ...
Ken Buck
Gifting Trailers to Tenants - Any advice?
Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
Tom Kaz
Cook county tenant landlord ordinance
What’s your take on the new ordinance that just past for the entire county of cook in Illinois? This could really hurt us small time landlords! Once again Illinois gives MORE power to the tenant, any advice moving for...
Kevin Y.
Up and Coming Areas in Austin
Hi, I'm new to Austin real estate and was hoping to get some insight from the group about up and coming areas that seem to be gaining traction in Austin. In particular, I'm interested to know how the area of Crestview...
Steve Salvini
Pittsburgh - Dormont Appraisal
My mulit-unit appraised for 184,000 when I purchased it 14 months ago and am curious with the work I have done would it increase it to 200,000. I ripped out the carpet in one unit that was just terrible and redid the...