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Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
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Hi Bigger Pockets!Please help an aspiring real estate investor analyze my current situation and options.Here is the scoop:My wife and I purchased a bank reo town home in 2015 for $255K with a 5% down conventional mort...
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Twenty years ago, I converted my primary residence into a rental property. From what I have read, by moving back to the rental, I can only exclude the proportion of time I lived there-ten years of the last 30 years ,...
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We are in the process of purchasing a property that is currently used as a vacation rental and listed on VRBO and Flipkey. The sellers have done well just listing the house on these sites. However, because I cannot as...
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So, I have 2 tenants leasing a 2 BR. One of them walked out of his job 2 months ago and won't pay his share of the rent or contribute to cleaning the apartment in any manner. The other tenant is covering the rent, b...
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I'm a California resident but own a rental property in PA, and looking to get another one in PA or out-of-state. Are there any major differences in doing a sole proprietorship vs an LLC; are there major advantages usi...
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Hi there,So I am relatively newer to REI. I have recently bought my first 3 SF rentals and now I am looking to expand. I was just came across a rental portfolio that I do not have enough money to pay for with cash. I ...
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Looking for a book keeper who is well versed in investment real estate in Missouri. Series LLC in MO files as a C-Corp. We have 11 properties, 14 doors (8 SFR 3 Duplexes). Been keeping the books in Excel since creatio...
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Does anyone here use a Series LLC for each property they own? Can someone please ellaborate on the Pro/Cons of a Series LLC versus a standard LLC.
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Hello all, I have been eyeballing this fourplex close to where I currently live and would like to hear your thoughts on it. I am in the military so I cant move into it because I will be leaving town in the next few mo...