Susan Elliott
Pros and Cons of Joint Venture Structure
I'm currently researching the different entity types that may fit a potential 16-unit property. I'm seeing that a GP/LP split and full PPM is out of the scope of this smaller multi-family deal and hearing that a Joint...
Dave Martin
Company name help - to REI or to not REI
Heyas - quick question for ya's: I'm trying to nail down a company name and can't decide if I can/should use REI in the name or not. Will non-REI people be turned off by an abbr they don't know stuck in a company na...
Kayla Stalley
Mulit Family unit advice needed!
Good morning!My husband and I are thinking about investing in a 16 unit apartment building (split into 2 buildings). The only other multi family we have now is a duplex. This unit is 30 minutes from our home. We wi...
Emily Haase
Should I follow comps or higher $/sqft for flip design?
Usually, and I’ve been taught by my mentors, to base my finishes on the available comps (sold in last 6 months), some of which are super poorly designed and not selling for the higher ARV I want. I can’t shake the ide...
Courtney Haynes
Rookie Looking for First Rental
Hi everyone! My husband and I are looking to purchase our first rental. I've been looking at the markets and was hoping to invest in either Brownsville, TX or somewhere in NC like Asheville or Charlotte. I'm feeling a...
Jerry Gates
Rent or Sell? Does 2% or 50% rule matter in all markets?
Our property does not fit into 50% or the 2% rules; but I am still in a dilemma of weather to rent it out or sell the home. Any wisdom in the matter is really appreciated.
Here are the details:
Market: ...
Kenny Robbins
Heading to Tennessee!!
Hello BP,I have finally recieved a decent portion to invest. I am looking to acquire multi family unit is Tennessee. I have been thinking of going to Nashville, Chattanooga or Memphis. I hear good things and hear it c...
Martin Sterling
Appraisal Scares on Exiting your Flip
A quick note on Appraisers. So the buyers appraiser for my flip appraised it for 220k.We already agreed to sell at 230k to the buyer. If a 220k appraisal was the final word, The buyer wouldn't get funding. They would ...
Norton Lam
First time rehabber
Hi,
I am new to rehabbing/flipping. I found an as-is property that looks to be about 30% undervalued, but it has clothes, furniture and other belongings left behind as well as a kitchen (gross floor, no cabinet doors...
Justin Schaefer
Determining ARV of an apartment building w/out comps
Hi everyone, newbie here. So I'm working on a commercial multifamily building in a really hot market in SE Wisconsin right now. It needs work in order to fetch full market rent, and I'm wrapping it for a great price...