Adam Beckstetdt
What do you shoot for on a per door rate of return?
I know I want to focus on multi family buy and hold but I have not made a purchase yet. I plan to purchase a few this year to get my feet wet and find out a good cycle of dealing with tenants. I plan to do my property...
Adam Collopy
How do I assign my rental under my newly created LLC?
Sorry for firing off another post so soon, but I'm getting great advice and extremely happy I just found this forum.
I created my LLC. Now what is needed to get my rental property to fall under this LLC and not just ...
Bob McIntosh
Potential Deal, looking for advice
So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
Justin Nothem
Seller Financing
Hello Everyone,
I am looking for some advice on how to proceed with my first home purchase.
My girlfriend and I are looking to purchase a duplex in Wisconsin. I graduated from college in May of 2012. I ...
Chris Rose
Weird Listing Agent Contingency
I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...
Chris Park
Guest house tenant running A/C all day. What to do?
Guest house utilities are shared with main house under my name. New tenant and he’s running the A/C all day and night even when he’s not there for long hours at a timeI’ve told him to be mindful and turn it off when ...
Nolan Dalton
DSCR LOANS. Where to get approved?
I want to get approved for a DSCR loan. I have walked through a few properties that I know would cash flow. Where can I find a lender? I talked with a manager at my local KeyBank and she told me "There is no such thi...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Cory Howes
Appraisal outcomes are messing up the BRRRR strategy, Why?!
Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...