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Hey guys, just was looking for your thoughts on this property. It is outside of my local area about 50 miles.8 Unit Apartment Project constructed in 1979. The Building consists of 7-2 bedroom units and one ADA access...
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I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
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Hello everyone. My name is Vincent. I'm 26 years old and am currently working in the medical field for the Navy but my future goal is to own multiple multi family apartment complexes along the East coast. I've been ...
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When managing the finances that are associated with Real Estate Investing, what types of expenses should be tracked on a monthly basis? And based upon the amount of rentals you have in your portfolio, would it be bett...
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Trying to figure a way in which one could essentially have less than a 50% operating expense. With the 50% rule is it true to say that every year you have your property you will incur 50% in expenses? Im thinking that...
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I have a deal that I would like some feedback on. This 8 unit is located in a very safe town. However, unemployment here is about 2.5 points higher than the state average. Also, the population here is growing at 14% p...
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Hello community! I am looking at a deal and wanted help analyzing it. The price has been lowered twice by about 10,000 each time to 249,900 now. It is a 4 unit comprised of 2 bedroom 1 bathroom. It looks to me that th...
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I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
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How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
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I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...