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Results (10000)
Colter DeVries Reasons you need to diversify your ranch operations
8 November 2023 | 0 replies

Ranches encompass vast expanses of land, and limiting them to a single use hardly taps into their full potential. Explore the capacity of land. Here are a few reasons why you need to diversify your operations: 1. Risk...

Account Closed Commercial Appraisers - How do you determine operating expenses?
26 February 2022 | 2 replies

Hey BP -
In the coming months I'd like to refinance a 5-unit multi I've been rehabbing. I'm trying to get a rough idea of what my ARV will be. I have a good idea what the cap rate for this area will be, and I know wh...

Mark Z. Operating Agreement with Co-Owner: Considerations, Tips, etc.
9 October 2023 | 0 replies

Hi everyone, 
I co-own a condo, that was at first a primary residence, with my now ex. We've maintained a good relationship and have decided to retain ownership and rent the unit out to earn passive income. That said...

Brad Ferndale Austin Property Manager Lied about STR Operating License
5 August 2021 | 1 reply

Hey all,I have a condo in Austin that I spent a lot of time and money on getting STR ready. A highly respected well-regarded property management company took the property under their wing and told me they would handle...

David Bardwell Coin-operated laundry ROI in a 4-plex
13 February 2019 | 14 replies

I’m considering purchasing coin-operated washer and dry for a 4plex.  I’ve already determined the cost of the equipment itself. And I’ll price it better than the local laundromats. But I’m hoping someone can give me s...

Aqeelah M. What Is an Ideal Net Operating Income Percentage?
16 December 2023 | 2 replies

Hello! I'm reading the Bigger Pockets article Net Operating Income (NOI) in Real Estate: What It Is & How To Calculate ItUnder the heading What Is an Ideal Net Operating Income Percentage?, there is a statement th...

Alice Huang Attorneys disagreeing over LLC Operating & Partnership Agreement
16 August 2020 | 37 replies

Hello BP!Would love an insight on what is going on here...My business partner has engaged an attorney for the LLC (not LP) to draft a “partnership” agreement. I’ve passed the agreement to my attorney and she insists o...

Doug Davis Operating agreement with siblings- Lawyer, Rocket Lawyer, LegalZoom?
30 August 2023 | 5 replies

My Dad left me and my siblings a house in Florida, so we just started renting it now and have a property manager, insurance and an LLC.  It has been a learning experience.The mortgage company wants to see our operatin...

Denise Sieg Average percentage used on operating expenses when evaluating
30 November 2021 | 4 replies

Hello everyone I would like to get a sense of what percentage (5-10%) you allow for maintenance cost, cap ex & vacancy when analyzing a property I realize it’s based on property condition and other factors but let...

Dustin Breon Bare Land loans/Business Loan for farming operation
1 March 2022 | 5 replies

Hello, Negotiating on a 75 acre parcel that is part of an active farming operation in Virginia. 45 acres of fenced pasture and 20 acres already in hay production, numerous usable outbuildings but no residence. I am lo...