Greg P.
Coin Operated Laundry or Car Wash? Question please.
Hello, I'm thinking about purchasing either a coin operated car wash or laundry with good financials. My concern is that they are harder to operate than it looks. The laundry mat is in a mid-low income neighborhood ...
David Calzaretta
Need new Coin-Operated Laundry for Rental Property
Hey everyone, I am a landlord of a 4-Unit Building in Grayslake, IL 60030 and a 3-Unit Building in Chicago, IL 60607. My coin-op washer is broken in Grayslake and is old. I need to get a new option. Does anyone hav...
Pedro Salamanca
Properly setting up a holding and operating LLC
I've been doing some research online and reading over every relevant thread on this forum regarding having a holding company and operating company system in place for asset protection.I already have my operating compa...
Vivek Shrestha
Looking for a attorney for operating agreement finalization
Hello There,I am looking for attorney for finalizing our LLC operating agreement within our members. Please provide me your contact details to reach-out to you. Looking for someone who has experience on this matter, ...
Kelly McClellan
Rejected by a turnkey operation - Ohio Cash Flow
Has anyone else had a horrible experience with Ohio Cash Flow? Boy I did!After completing an online form and following up with all of the questions and correspondence that was sent my way (including sending my proof ...
Mels S.
Order of Operations to First Time Note Investing
I keep reading about purchasing a notes. So far I cannot find a clear Order of Operations (most of the stuff I have found has why notes are good, but not hard numbers to run) Then I keeping getting confused: should I...
Bo Taylor
What are common operating expense for SFH deals?
Going through underwriting on a couple duplex deals I’m looking at. I’m wondering what are the most common operating expense line items that should be included in every deal? Feel like I’m forgetting some.
Damian Komosa
Laundry- Is Coin Operated ALWAYS the best option
Coin Operated seems to be the blanket correct answer I've seen when considering the Landlord provided laundry options. The goal in my mind is to choose the option that provides for least- costly, headache free and be ...
Kelly B.
llc no operating agrement, fall out with partners
Here are the ridiculous facts.1) we bought a building with "friends" to be rehabbed and turned into a short term rental. We drafted an operating agreement after I formed the llc. We discussed and they seemed ok with ...
Adam Franco
Defining Net Operating Income and Net Cash Flow
Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up! Since we are in the Multi-family (MF) fo...