Austin Elm
Property Under Contract and then.... Fire!!!
I have a property under contract in Great Falls, MT that recently had a fire break out and was a complete loss. Every one is fine and no one was hurt during the blaze. I am still within the property inspection period,...
Ryan Camenisch
Section 8 question
I am looking at buying a sixplex that is currently section 8, what is the process for lifting the section 8 and are there rules about evicting tenants under section 8 housing?
John Coffey
commercial lease for daycare
I have purchased a small private school building. It's about 12,000 sf of classroom, kitchen etc and 4000 sf of gymnasium/workout area. The daycare is interested in the whole building. I have priced it to them but ...
Chad McGibbon
Advice on maximizing equity in investment properties
Scenario:Client owns 4 rental properties. 2 SFH and 2 duplexes. One of the duplexes is actually a lease option with a 30 year note. Total owed on all properties is around 350k or 300k without the lease option duplex. ...
Stephen Dominick
NNN lease, Holy Grail of cash flow?
I have a family member who owns property in a north jersey location, the property currently has a 99 year NNN lease arrangement to be restructured every 5 years. The tenant is a prominent bank that very rarely rents...
Pavlos Kasselouris
Logging a Refinance in Quickbooks Online
Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel things got a little...
Daniel Soovajian
Questions about BRRRR with a 1031 exchange
Hello,Curious for BP's advice on my situation here...I live in WA and have a condo in CT that's worth about $125,000. There's $32,000 left on that mortgage and I want to put the equity there to better use. I am exitin...
Jason Merchey
Cap Rate Compression Big Time??
I received an investor summary from a very reputable, perhaps "slightly conservative" operator in the MF space. In this offering, the "average annual return" is 10%. They don't calc IRRs, but frankly, with a 1.7x equi...
John Pu
Commercial Property Due Diligence
Hi everyone! Glad to be part of Bigger Pockets community and I am looking for some help on my first potential commercial real estate deal.I am looking to acquire a shopping center that is profitable but not in best of...
David Herfel
Advice for First House Hack
I am getting ready to get involved in real-estate for the first time. Planning to buy a duplex - quadplex in Louisville KY. Looking for advice of any kind here, but specifically I'm struggling to decide what I should ...