Nicholaos Koufoudakis
Separate Bank Accounts Per Property
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Andrew Ashby
I did it. I have 4 units, I quit my job, and I got licensed
I did it. I took the leap. With only 4 rental units (2 SFRs and 1 duplex), I quit my six-figure job in pharmaceutical sales, got my real estate license, and moved my family back to Florida. How did I get here? I'd say...
Craig Smith
Tenant Lied On Rental App. Would you Rent to them?
Question: Would you rent to someone who gave you a false contact for their current Landlord?Background (Story): Potential Tenant looks at place, Likes it, fills out application, and wants to move right in. I call the ...
Charles Norman
Note purchase questions
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...
Trevor Lohman
Long Distance Land Lording
Hi Everyone,
I am fully prepared to take some heat for asking this question, and recognize many of the problems with long distance income property ownership and investing in a "network" but wanted to ask anyw...
Jesse Kreun
I need advice on our rental portfolio! Please help!
Hi all - I need some help! My wife and I are real estate investors - we own three properties and none of them are living up to our expectations. We have been putting a ton of our own money into the properties to kee...
Daphne Barber
50 too old for REI - Notes vs Rentals vs ?
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
Andrew Neal
How many investors went straight into Multi Family?
I am curious how many investors went straight into multi family or even quickly into MF?What were your reasons for doing so?What did your first deal look like?
Account Closed
Realistic turn key cap rates?
I know I know this has been asked a ton of times before, however, in the current market, what are some realistic cap rates for fully turn key (managed) properties (multi units/apartment block) one could achieve as an ...
Account Closed
Interest in Crowdfunding
Has anyone tried crowdfunding? What is a good site to site to use? Have 5000 that i want to invest. Been researching crowdfunding. Anyone has any advise?