Hello everyone, newbie investor here still learning and wanting to start my journey soon. My best friend and I have decided to take our investing journey together and look at it as a business ran by the both of us. A...
Hi everyone,
I am thinking of doing 1031 exchanges to sell my small multies to get into bigger properties (5+ units). Commercial real estate has cap rates to consider but I am having a hard time understanding cap ra...
I plan on owning multiple investment rental properties. I know for each you should at least have it’s own operating & reserve account.However, do you create a bank account that I guess oversees all the specific op...
I understand various strategies in getting money upfront to do the BRRRR strategy. You could get private money, hard money or use your own. Then you refinance later once the rehab is done and tenant in place. My quest...
Asking if anyone could help me with filling out a Georgia LLC Operating Agreement, Single Member?
Hi all,I'm a landlord and i want to form LLC using legal zoom. I found the standard package with the Legal Protect more suitable for my needs.I wonder if someone can share any experience with legal zoom and/or any exp...
When was the last time you stopped to work ‘on’ your business instead of ‘in’ it?As I move from simply taking in REI information to taking action with REI, I have been trying to think of a way a greenhorn like myself ...
For a property, cash on cash return is net operating income/money I invested however when mortgage is involved, how can one calculate there return after paying off all the interest annually? Thank you
When looking at purchasing a apartment units with no tenants what are so good tips to look for when making an offer for the units.
Hello,
First greatly appreciate any advice! I am a 16+ year tech entrepreneur. I have an awesome place in park slope Brooklyn that gets great tenants and solid rent. That was our primary property that we lived in til...