So I have a few units and I'm looking to expand into small multi-families. I've explored financing options and have that secured. I am hoping to use a mixture of my own money and passive investors but want to evalua...
I own a rental in a condo association and I think the dues are a little high. Is there anything I can do to reduce them? Can I talk with the board, or would I have to actually get myself on the board. Has anyone had a...
I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...
This is my first post here, and I am just starting out, trying to learn, and hoping to make my first purchase, so please be patient if I am asking very basic questions. I just analyzed a property using the Bigger Pock...
We are about to purchase a 13-property portfolio of singles and duplexes under one packaged commercial loan with an interest rate of 5% over 15 years. The rate becomes variable at year 5. The one loan covers all of ...
Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
I've read conflicting information about this issue, so I intend to check with a RE attorney. Does anyone here have insight into this matter?Can a Florida property be owned by a WY LLC without registering as a foreign ...
Hey guys! Thanks in advance for any guidance... I am entering into the world of syndication (large #multifamily income producing, value add investments) and I’ve been educating myself through my experience, constant p...
Hello Investors!I am curious how common it is in the RE industry to use bookkeepers and if you find value in it?
At how many doors/properties does it usually make sense to hire bookkeepers? (any rule of thumb?)What ...
I have some interest income in my IRA LLC under the self-directed IRA. Do I have to issue a 1099-int to my Client as well as the IRS ? Do I just keep the copy for my records?