Deepak Kumar
Good property management companies in Austin Neighborhood Chicago
Looking for references for good property management company in Austin neighborhood in Chicago area. Any reference much appreciated. Please let me know if you have references on insurance too. Thanks!
Shaka Farrier
VA LOAN (Owner Occupied) Duplex Analysis
I'll keep this short and sweet. I am basing my numbers as if I were renting out both sides. I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase ...
Account Closed
506(b) exemption for an LLC (small deal)
Hi BP,I'm in the process of raising some equity for a commercial deal and I've been reading about securities law. I'm still getting my operating agreement together, but the general structure will be an LLC of which I ...
Brian Quist
Better Understanding COCR and ROE
Hello All,I'm an owner of a few different rental properties. 2 multifamily and 1 single family. Seattle/Los Angeles.Feeling confused on how to accurately calculate Cash on Cash Return and Return on Equity ratesQuestio...
Scott Dorsett
Progressive sellers market strategies
Hello BP,
I am an investor here in Jacksonville Florida looking for some innovative strategies/advice to find good deals on rehabs here in Jacksonville. We have a sellers market here and inventory seems hard to f...
Dan Chandler
Paying Tax on Rent
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
Steven Silbert
Separate Bank Account
As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
Rene M.
Third is a charm - Please help validate the rehab cost
Hello all,I found another prospect for my first property…77K for a Brick end-townhome without HOA from 1986. 1200 SQFT, Fenced in yard, Little balcony, 2 bed, 1.5 bath. With a very good location right of the interstat...
Bobby Balow
Need opinions! 4-Plex in Great location - foundation problems
We found a great, recently redone 4-plex in a location that our property manager says is ideal. The sale is as is and will be our first long-distance property that we will not see before placing an offer. We found out...
Liam Hanlon
An Alternative Approach to Appraisal Gap Coverage
An Alternative Approach to Appraisal Gap Coverage
Current State of the Residential Market
After the financial crisis of ’08, the eligibility criteria to buy a home in the United States became more difficult to adhe...