Bryan Hancock
506(c) Asset-Based Third Party Verification For "Reasonable" Threshold For Accredited Investors
I have been doing a lot of research about the new 506(c) third party verification services of late. We had a call with Crowdentials last week and we are set up to speak with CrowdBouncer next week. Nobody in the ...
Christopher Morris
Fannie Mae Owner Occupied 5%
Happy Friday BP! As we all know, Fannie Mae has come out with their 5% down, owner occupied loan for multifamily (2-4) properties. I understand this eliminates the "self sufficiency" test that the FHA requires for 3-4...
Eran Greenburg
Net Operating Income vs
I was looking at American Homes 4 Rent financial statements, and I see that for example in Dec 2014 the NOI shows $ 232,319* yet on their Consolidated Statements of Operations it shows "Net Loss" = $ (33,092)"Are they...
Allen Tracy
Average Turn Costs Killing Profit
I'm curious what everyone is seeing for average turn costs and average amount of time tenants are staying in units.For C class multi family in Columbus, OH I've been seeing tenants stay around 2 years with an average ...
William Schuster
Reintroduction from Moscow, Idaho
Hey everyone,I've been a member of BiggerPockets since 2013 but never did much with my membership except read the Ultimate Beginner's Guide and made a few posts. Now that the end is near on my Bachelor's degree, I wan...
Grant Francke
Buildium and Quickbooks work flow
Does anyone here use Buildium for property management and Quickbooks for accounting? I'm looking to see what everyones workflows are for each month. I like both products and they both have there place in our busines...
Zack Ellard
Have $40k and ready to start investing
Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card d...
Brian W.
What potential breakables do you remove from a property prior to renting it?
This question and thread was born out of some very good advice concerning "eliminations" Scott W. and David Krulac gave in another thread.
What things do you "eliminate" or remove from a home before renting it in an ...
Celia Moore
1031 Exchange End Games for Investors
Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
Christina N.
Non Grantor Trust/Foundation to limit capital gains on RE
After completing my taxes this year for my 2 rentals (just purchased last year), I have capitals gains that are affecting my taxes with my husband and our W2 jobs. We have a long term amd short term rental in a LLC in...