Will S.
HELOC Question about Foreclosures (Pros & Cons)
Hello friends!
I'm getting a HELOC out on my first investment, and I've seen a few exit strategies here (thank you for those) I wanted to tag onto some of those and see what your thoughts are for buying foreclosure...
Jason Malabute
underwriting vacancy amount
One of the biggest concerns when underwriting is when increasing rents by over 100 dollars and doing value projects, how much should vacancy increase in year 1. I talked to more experienced investors. Experienced inv...
Lisa Shows
Potential private loan - is it worth it?
My 5 siblings and I have inherited my late father's primary residence. We are considering keeping it as a rental property and splitting the revenue. However, my brother has proposed another option: that we sell and ...
Ben Wagner
Quickbooks configuration for flipping multiple properties
I am looking for some insight into how others are tracking their finances for doing multiple flips. We are currently using a custom-built system to track receipts and expenses by property, but are considering switchin...
Ari Newman
Question about disqualified person to IRA
My 401K invested in a PPM a few months ago. It owns a small percentage (6%) of an entity that owns a commercial property. I'm not sure what percentage of ownership the GPs have but it's less than 50%. The GPs have ...
Charles Worth
Advice On Ohio 12 unit
I am a new RE investor in Ohio looking putting an offer in on a 12 unit building in Clevland Heights and wanted to see if I missed anything. The property is that is 92% leased up on 12 month leases (expiring in 6 mont...
Anthony L.
New Landlord - Planning Ahead for Future Investments
Hi everyone, this is my first post here and I hope to become a long time member. I recently purchased my first home and I am renting out the basement to a friend. This has been ongoing for about 6 months. I do have ...
Chirag Shah
Joint Venture Tips For Newbie
Hey all,I'm considering a Joint Venture (JV) for my next property, and wanted to get your thoughts on:Pros/Cons'Gotchyas' to look out for when creating, executingGeneral steps to createGeneral anecdotesThank you every...
Julie Taylor
Subject To - Two Notes
Hey, Bigger Pockets friends. I'm hoping to gain some insight from this great group of folks. I'm working a subject-to deal that includes a financed double wide that has not yet been reclassified as real property...
Jorge Rivera
Class A, B, C, D, property?
Hello everyone,I have read some articles and post where people talk about a class A, B, C, or D property. Could someone please explain on what it means and how can I find out what class my property falls in? I just p...