Bruce Dailey Jr
Upper 600 credit score, 10k cash and a 9-5!
hi guys new to BP and real estate investing as a whole. Been looking at a few strategies and think flipping suits me best! I'm lookin to get in the field this summer! By that time i will have an upper 600 credit score...
Troy F.
How do you separate water, sewer, trash?
Hello real-estate community,
I am purchasing a conversion 4 unit this Friday in Wisconsin Dells, WI. The current landlord pays all utilities. I've heard some ideas on the BiggerPockets podcast on how to separate thos...
Account Closed
Self-directed IRA and LLCs
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Jon Huber
Adding special assessments to leases... and how to structure it?
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
Peter Aziz
CapEx Accrual when Analyzing a Deal
Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
Arun S.
New NYC'ers for Midwest Investments
Introduction
My wife and I live in NYC – but we’re Midwesterners at heart. My wife is from Milwaukee and I’m from Columbus but over the past 10 years, we’ve lived in Chicago, Washington DC, Atlanta, and Miami...
Nate Gelinas
Looking for someone to check my numbers.
Hello, I just finished reading Gallinelli's book on cash flow and other financial measures. I am not considering this property as a purchase; just looking to put some of the basic metrics taught in the book in my own ...
Account Closed
Turnkey - Why Flip to Investors?
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...
Juan Diaz
The Difficulties of Airbnb
I decided to write a column about my own experience putting some of my investment properties on Airbnb, so that you too can learn from my mistakes, understand what a good rental requires, and learn some of the horrors...
Mehran K.
$55k Duplex Deal Analysis
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...