Account Closed
What is your target cash on cash and ROI in Central California, trying to evaluate a deal
Hey everyone, we are looking at purchasing a property here in Bakersfield and I wanted to pole our fellow BP members here to see what percentage of cash-on-cash return you're accepting. The potential deal I'm looking...
Amy Salera
New Investor from Pgh - Can Cap Rates be Distorted?
Hi everyone - I'm a new investor from Pittsburgh. I've been reading BP for quite some time, and am finally ready to take the plunge and purchase my first property. However, I'm having a hard time understanding...
Alesha Rayford
Working out a deal
ok my farther have a paid for home in New Orleans east. It's paid for but he has little to no money to pay for the finishing touches it needs. He is a construction worker so he's fixing it himself he's talented but...
Amber Saulsbury
Evaluating SFR investments
Hi All!I was just wondering when evaluating single family homes for investment prospects, what percentage do you typically use for repairs and cap ex? Just wanting to see some percentages others typically use when ev...
Andrew Pettit
An LLC Liability question on which I need clarification
Good evening everyone, I just have a question about my LLC. What the personal liability of the LLC are, for persons not contributing to the LLC; none right? Even those these people contribute "sweat equity, bu...
Patrick Hancock
Do you count these as "Doors"?
Hello,I know that partnerships are common and most investors count a "door" even if they own 50%, 25% etc. However, those of you who participate in crowd funding sites...do you count those as "doors" as well? Meaning,...
Juan Ayala
How Do You Pay General Contractors ?
How do you pay your GC? Do you pay a downpayment? What percentage of the total cost do you pay and how many draws do you use?Thank you!
Jonathan Smith
Closing Costs for Single Family Housing
What is the rule of thumb for calculating Closing Costs for analyzing a SFH. Do you have a certain percentage? I would like to be conservative with this number so I'm covered in a deal.
Greg P.
"Farm" area? Anyone experienced use this strategy?
Hello, I've heard of experienced investors say only farm one area until you are a expert. Honestly, there isn't enough deals in a "farm" area to do deal where I can flip it and make a profit; so I go to other areas, ...
Edward Jordan
Capital gain taxes
I brought some land in ohio 2 years ago for 15k and now someone want's to buy it for 25k. i have 2 question. do i pay the capital gain tax in the state where the asset is located. how much do i have to pay in taxes i...