Jason Pearson
Creating LLC prior to purchase of first property
I'm getting all my ducks in a row before I get started investing. First, I cant seem to find a search function on this website. So here goes my question.... Should I apply for an LLC before the purchase of my first ...
Jason Mittenzwey
Calculating Mortgage Payments
I know this may be a fairly basic question, but I am attempting to figure the monthly payments on properties I would like to purchase. I understand that my CAP rate will not include the mortgage payment so I want to e...
Eric Johnson
How to approach an Investor?
I am really new to the area of real estate finance and need advice. There is an old storefront in my town with 3 storefronts and 6 upstairs apartments. The current owner bought it at an estate auction for next to no...
Tony Nguyen
What are my options when the balloon payment is due?
I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
Louis Van Der Westhuizen
Using an LLC to acquire RE when the LLC has no credit history?
Hello fellow investors, my question today relates to the use of an LLC for beginner investors. I understand the value of using an LLC to protect myself from personal liability, but here is what I am struggling to get ...
Patric Doyle
insight into baby steps?
Outside of running your own rental and having some cash available. What would you say is the very first step in getting started in commercial real estate (i.e. multifamily or triple net)? It seems like it's a whole ot...
David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Nick B.
Questions about apartment investing
Hello all!I am looking for information related to several aspects of multifamily investing and I'd like someone with actual experience to answer these questions:What are the typical closing and other transaction cost...
Account Closed
Considerations when rehabbing a rental
Recently I was reading something that suggested putting in crown molding and finer touches to a rental property. The purpose to attract quality tenants. The idea on the surface sounds good, we all want to attract qu...
Michael Schwob
Job in Real Estate
Hello BP community,I am searching for a part-time job that concerns real estate. My final goal is to become a full-time RE investor, but I will need money and knowledge to get there. So, I would like to knock two bird...