Brandon Markos
2 bedroom 1 bath 4plex in tower district of Fresno CA
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...
Rashad S.
Does Anyone Have A Sample Operating Agreement I Can Copy From?
I'm in the process of trying to flip a house and my lender is requiring me to purchase the house using an LLC and I need to provide an Operating Agreement ASAP. There's only 2 people in the LLC. Does anyone have an...
Jonathan Castillo
partnership begins when?
A friend of mine is an agent in my local area, we want to invest in a small mf 2-3 units out of state. We are currently, working with lenders for a pre approval letter to start shopping. My question is where do we beg...
Shaun T.
Tax deductions for flips and rentals spanning two years
Hi all ... I have several flips that I purchased in 2022 and will get executed in 2023. Same with rentals where I purchased in 2021 and fixed them up and started renting them in 2022. My questions are how do I accou...
Aqeelah M.
What Is an Ideal Net Operating Income Percentage?
Hello! I'm reading the Bigger Pockets article Net Operating Income (NOI) in Real Estate: What It Is & How To Calculate ItUnder the heading What Is an Ideal Net Operating Income Percentage?, there is a statement th...
Peter Albanese
Residential Assisted Living
I’ve recently been researching residential assisted living whereby you purchase a large home and move elderly tenants into each room but then also provide home health aides 24 hours a day. Has anyone here had experien...
Ross Hayes
Key Deal Analytics Metrics
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...
Mike Downey
Where do I start with creating an LLC?
Hello,
I am closing on a home in Panama City Beach, Fl. I have 2 partners that are putting in money toward all the expenses involved in purchase and startup of this property as a short-term rental. All 3 of us live o...
Denny Le
Offer on a 4-plex
Hi BP!I just recently sent in an offer for a 4-plex. Here's the numbers and situation:Purchase Price: $283,000.00Down Payment: 3.5%, so FHA loanCash Flow will not be at a positive since I am paying such a low down pa...
Isaac Peters
Seeking advice on how to hold ownership of a flip property.
Hello BP community! I am under contract to purchase a single family home that I intend to flip. I am looking for advice on how to hold ownership of this property.I run a contracting business which I own and operate un...