Bryan Thomas
BRRRR Method with a Multipe Member LLC
Hey everyone,A few of my partners and I are looking at buying duplexes with cash in the Cleveland area, fixing them up, renting them out, and refinancing them in 6 months. The only way this would be possible, at leas...
Catherine Cleveland
cap rate determined on performance or pro forma?
I'm looking at a 10 unit portfolio mix of 3 duplexes and 1, 4 plex. I have purchased sfr, and mfr in of themselves, but not as a package.
My question is do I now value them the same I would a large building via cap ...
Amy E Good
Quit Claiming Properties into an LLC in Florida
We purchased 3 properties outside of Tampa last year and are just getting around to Quit Claiming into our LLC's. I usually have the title companies do it for free at purchase where we currently invest. When I started...
William Hull
U.S. home prices, sales show strong gains as housing shortage
Home prices have risen recently, a 7.5% increase to an average of $273,000 this March. Conversely, sales numbers have gone down 13% over the past year. The report that identified these trends shows that 2017 will rema...
Molly Lonborg
General Partnership or LLC?
Hi, My husband and I have partnered with another person and we have begun to buy rental properties together (we are about to close on one property, and in escrow on another). We own 50% of the properties and our par...
Johnny Weekend
Buy in your name -> land trust, but isn't your name still listed?
A few suggestions to achieve anonymity is to buy in your name and then transfer into a land trust. However if someone were you pull up the records they will see the history and note that the prior owner was you (befor...
Kenneth Wiley
NEED HELP WITH CALCULATE OF POTENTIAL RESALE VALUE OF AMMENDITIES
I HAVE YET TO MEET A RENOVATOR WHO KNOWS WHAT HOME FEATURES ADD some form of resale value to the subject property before we can get to the ARV we first need to know the resale value of each amenity of the house based ...
Robert Jenkins
Probate Question
So i was researching where to pick up probate leads, and since i was at the court house i checked into it also but the guard and clerk at the counter didn't know. So i check up on the website for Los Angeles and this ...
Brandon Sturgill
Do You Use Comps or Financial Formulas to Determine Price on 2-4-units?
Is there a best approach when valuating a small multifamily property (2-4 units)? Seems a lot easier to valuate based on NOI and Cap Rate through a basic present value formula than to do a comp analysis...is there a r...
Antoine Brown
All I have is NOI and total expenses
Hello BP partners,
Im looking to buy a 4 unit family home for 225k. I want to analyze the numbers before I contact a realtor. With just having the NOI and the total expenses what will that help me find out about the ...