Bruce Scannell
We did it!
Wow...I've heard of some horror stories, about multi-family deals taking forever, then falling apart at the end, and we almost had exactly that happen. But in the end, after much persistence, perseverance and some dum...
John Quiles
Go Big or Go Home, recipe for disaster
I started my flipping journey buying a property for $225k, then move up to $250k, then $258k, $340k, $353k, $400k, $515k, etc and rehabs also went up from $60k all the way to $260k. I didn't feel comfortable buying h...
Chris Lawrence
Small Multi-Family Question (7 unit)
I currently own single family rentals and I'm looking at a 7 unit apartment building (multi-family is foreign to me). I believe its currently under valued with gross yearly rents at $51,060 and I believe I could conse...
Cameron Belknap
Rental Property Depreciation Cash Flow
I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...
Lee Liberman
Operating LLC used as asset protection
Does this structure add any protection?Properties are purchased in my and my partners individual names (tenants in common) for the purpose of renting.We use an LLC (owned by both of us) to move money around for income...
Pete Perez
Multi Family Rent Rates
Hello BPers!I have a question about rents for multi families. A lot of the guides I've read on BP mentioned speaking to other investors in your area about what they charge for rents, using online resources like Zillow...
Rochelle Duong
Newbie interested in out-of-state Investing
Hello there!I'm currently looking to get my foot in the door regarding investing out of state. I currently live in a very expensive market (Los Angeles, CA), and recently just paid off all my student loans, have a sta...
Jason King
Financial Assumptions
Hi All,
I am a new prospective investor and I am putting together some information for a partner so that we can start the search for our first property! One of the to-do's that I am personally tasked with is to dev...
Robert Walden
Home Repair Cost Estimator (and Takeoff) Software Recommendation
I've read a number of inquiries on this forum from investors asking for recommendations on "Cost Estimator" software for flips. Unfortunately, most of the replies I've seen on here tell people to read books, learn all...
Craig Hewitt
Invest as a property owner or private lender?
A bit of a philosophical question here, but looking for anyone who's done some of the in-depth calculations of these types of investments. The question is if I'm just getting into real estate investing and have 10...