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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...
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...