Hello BP Family,After researching, analyzing many deals, networking, and understanding potential markets around me, I’m finally taking a few steps forward. Specifically with my first mortgage. I have an appointment th...
I am looking at a property (garden apartments) with 20 units, 100% rented. Gross rental income annually is $174,000. The annual expenses are listed as $71,400. The apartments were built between 2000-2005. I was wonder...
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Hello BP,
I'm looking for some clarity regarding my numbers on a rental I have:
House was purchased for 30k
Monthly gross rent from section 8 is $750
Mortgage is $365
Hi, my name is Devin, 28 years old, and I'm from Tulsa, OK. I've been a real estate investor for about 3 years. I've also worked as a commercial banker for about 6 years now and it is that line of work that first expo...
I thought California had to be the worst state to LLC in ($800 annual Fee and a small amount of tax), but Tennessee seems to be even worse ($300-3,000 annual Fee, a small franchise tax, and a big 6.5% excise tax). Any...
Hi, I am seeking advice on obtaining financing for a quadplex in Southern New Jersey. The quadplex definitely is in need of work, however, my business partner and I are licensed and insured NJ Home Improvement Contrac...
https://www.youtube.com/watch?v=DHsbGR4zg5QIf you watch this video and skip to about 11 minutes in. How in the world does he get the numbers for that NOI. Can someone please explain to me if this calculator is broken,...
I am looking at a potential commercial ground lease for a parcel I own in LA County. The parcel is under 2 acres. I am trying to understand what's customary and market on a number of points, and so I'd appreciate some...
I am looking at a potential commercial ground lease for a parcel I own in Los Angeles County. The parcel is under 2 acres. I am trying to understand what's customary and market on a number of points, and so I'd apprec...