Account Closed
Hiring an assistant
I want to be able to build my business faster and one of the things I realized is that I might be doing a little too much work myself. Although, I'm currently working as a part-time investor, I realized that I need to...
Sid Bobba
How to refinance a property under an LLC
Hi folks. We purchased our first property with cash under an LLC at a discount (~20%). We did not have to do any rehab as the property was in rent-able condition already. Now we want to refinance it and pull our money...
Jeremy Dockendorf
Reviews indicative of occupancy?
I’m pretty new to real estate investing in general and I’m trying to get a feel for what kind of occupancy rates are going on in my area with AirBNB. Is it reasonable to summize that the number of reviews left per mon...
Keenan Steverson
Screening tenants - 3 times the rent - their Gross or Net income?
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Daniel F. Harb
BP Members Beware! Careful Of Scammers Emailing You Snake~Oil!!!
BiggerPockets members be on your guard against those who would try to rip you off and scam you out of money or otherwise!!Now that BP is almost 1 Million strong, there are "Con~Artists" who would prey on the unaware t...
Albert H.
Different agent in the same firm?
I met with a broker about a building I would potentially like to sell. After meeting with him I realized he does not really specialize in my area and that there is someone else at his firm that does. Is it alright to ...
Carrie K.
Buying a personal residence wholesale?
I'm trying to buy a place where my family could move -- ideally a duplex or triplex, or maybe just a SFH. (We bought and rehabbed a triplex already as owner-occupants, so I have experience with fixing up a place and p...
Sean Price
This is supposed to be a good deal, but the numbers don't work
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...
Henry Clark
Self Storage-So you just died. Did you send your family to Hxxx?
There was no reason, but the day I hit 30, I realized it was “ME”.
Everyone around my family was doing fine, work was great, it was a
nice day. Just for some reason, I realized I was the person in
charge of my li...
Account Closed
Staying motivated in an industry of constant hurdles
Hey Everyone,How many times have you run into something in this industry that has slowed you down, confused you, made you doubt yourself, made you hesitant to move forward, or just made you wonder why you should conti...