Kyle Pare
New member intro
Hi everyone, my wife and I are new to the whole real estate investing scene but is something we're planning for in the coming years. Right now I'm interested in but and hold. I'm in the military and the constant moves...
Ari Newman
Question about property management commission- is this typical ?
I've been self-managing my portfolio since I started investing and have decided to hire a property manager for a duplex that I'm purchasing. I'm reviewing their management agreement and came upon:Is this a typical co...
Michael Klinger
Fed ID Question LLC related
I wasn't sure which forum I might get an answer on, but since this relates to Commercial/Apartments. As its tax season, so hard to get the attention of an accountant on this one right this second. So here goes:For "go...
Jimmy Hong
Out of state property deal
Hello everyone,
Its been a pretty busy week, I'm closing on my first rehab here in Orange County and I'm purchasing an out of state property, contract signed this morning. This one will be a buy and hold in Memphis,...
Ben Feder
How local are real estate markets?
How local are real estate markets? Basically, how similar is a market in one neighborhood versus a city in general versus nationally, etc.? If the national real estate market is a hot sellerr's market, how likely woul...
Billy Daniel
Partnership Structure For Large(r) Deals
Hey BP! I've done a few SFH flips/rentals. I'm now looking to get into the multifamily game with some partners. This agreement would involve me finding the deals and doing the legwork while the partners put the mon...
Mike Fallis
We need to make a 1300 sf house into a 2300 sf house. How do I estimate the cost?
We're trying to figure out rehab costs to add square footage. Anyone have a good rule on thumb? We need to add 1000sf. (Additional bathroom, bedroom and expand the kitchen/dinning), Basically "blow out" the back...
Account Closed
Using private financing to help fund an owner-occupied multi-unit
Hello everyone.I have been learning about financing, and how to get started in REI. My husband is 2 years out from University, and I earn a decent living as a recruiter in Canada. I'm contemplating doing a BRRR, but I...
Gonzo Moore
Co-Borrower but am getting allocated full mortgage payment in debt to income ratio calculation?
Hi All,Hopefully a quick question and apologies if it has been asked previously, I was unable to find the answer in my searches.A business partner and I co-borrowed for our first investment property. We both live the...
Jaime Soto
Security deposit
Hi,I am in the Fayetteville, NC area. I have a 4 units that has been always managed by a local company and now I want to manage them. The property manager is telling me that I need a Trust Account for my tenants secu...