Sarah Kathleen
Flipped house with partner, need advice on restructuring
I am just finishing up my first flip with a business partner who is also a GC. Our original structure was that I would provide the capital and do the design work and some of the sub oversight. He was to do 100% of the...
Brett O
Simple way to spot a good deal, what do you think?
I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
John Public
Converting electric metering an apt from mastered to direct
Do you know how much it costs to convert an apartment building from mastered metering to direct metering for the electric meters? And who could do this, the local power company? Is their anyone else who could do it ...
Jeff Smith
Financing our second deal
My wife and I purchased a rental property in 2018 for $153k. It currently rents for $1800/month and we enjoy the positive cash flow as well as the market appreciation (~$245k).We want to purchase our second property a...
Justin V.
Best way to estimate repairs before purchasing?
So, I think this the best place to post this, as it's a starting out question...Here's the situation: I'm just getting started on the BRRRR route (I've done turnkey in the past, but I want to see if I can get higher r...
Kevin Rodriguez
Structuring private money deal
Dear Biggerpockets Community,
I have come across an amazing deal and would like some input on how to structure the financing.Currently i have my boss as my main investor for my flip deals but this is a buy and hold. ...
Sam Rios
cash on cash return
Hi, I just want to better understand how this works....when figuring the cash on cash return, the figures on the mortgare/ points / and closing costs, are these figures coming out from the seller side of their finacia...
Christopher Juntura
Seller finance deal on house + buildable lots
I'm negotiating a seller finance deal with a 4/1 house that will rent from 2500 to 3000. Along with it two .6 ac lots.With the codes I can build 2 units and an ADU on each lot.the numbers....5 year term6.5%interest on...
Jon Ostojic
How are utilities billed in a small apartment building?
I'm considering doing 1031s out of a few SFH on the west coast and purchasing some small apartment buildings. In researching different markets I find deals like this:http://www.loopnet.com/Listing/5175-Warrensville-Ce...
KerryAnn Fuller Rainey
Help me analyze this deal please
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