Sean Dawson
12 unit multi
'Evening! I would like the hive's opinion on a 12 unit multi we are looking at. This will be our first foray into something more than our duplex's.Via our agent the offer is now at $389900 with seller paying 2k of ...
Kevin Izquierdo
Permits
I've been a handyman for quite some time, but I never understood the concept of Permits from a home owners perspective. If I'm the home owner and live there, do I need a permit to fix a kitchen or finish a basement? I...
Nadia Brown
Evaluating My First Potential Property Deal in Jacksonville – Insights Needed
As a first-time property buyer, I'm taking a big leap into real estate investing and could really use your collective wisdom. I've got my eye on a property in Jacksonville, Florida, and I'm trying to gauge if it's a s...
Vlad Selsky
Great investment, but zero HOA reserves. Show stopper?
After a very long search, I am days away from signing a P&S on a condo investment. This is in Boston. It is a residential unit in a 12 unit complex. 9 are residential, 3 commercial. The cash flow and IRR are fanta...
Paul Wakim
First Flip(s) Financing Question
Hello everyone, I am brand new to bigger pockets and have decided to join and make this post to get some help from the rest of the members. I have not done a deal yet but I have my team set up and ready to go once the...
Stephan J Hagen
Owner contract -- Pizza Restaurant w/ land incl -- Western WA
Hello Everyone,
I have had a fortuitous turn of events that takes me out of my comfort zone of Residential Investing. I had a family friend who owns five pizza restaurants approach me and offer to sell the Land and r...
Bobby Brown
Do you have to issue 1099s for work done on a rental
My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600). We so often find a big push back when you request to do this...
Thomas Manuel
Is anyone familiar with this compamy (EQUITYBUILD, INC.)?
This is what they say they do and how the do it. I would like to get into apartment complex ownership, but I have never done this before, I have only done SFH. They basically say they handle everything from locating t...
Account Closed
Managing Staff - I just hired my first office manager!
For the last year or so I have a project manager that works with me on a lot of the re investing work. For a while we were able to divide up all the work in the field, as well as get all the paperwork done at the offi...
Carlton B.
Financing multiple flips
I'm looking to start doing multiple properties at once. I have a good banker, but I would think that banks have a limit or formula that they adhere to for lending. Is there a general rule/formula for how much risk a b...