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Hello BP community! I am looking at a 24 unit apartment building currently. All of the numbers work, and I am ready to move forward. I don't have the funds for the down payment and I am talking with a few investors...
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Want to know is this usual for paying 10% of repair cost to management company for their supervision."A charge for supervision of repairs for a remodel, reconstruct or rebuild will be ten percent (10%) of the total ...
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Hey folks!anyone have any fun/clever ideas on great ways to add additional revenue opportunities by offering onsite upcharge options to guests? i know a few people who partner with local chefs or massage specialists, ...
Hello all! I joined the BP community a few months ago but haven't formally introduced myself. My name is Shola and I currently live and work in Manhattan. I moved here 6 years to enroll in a Master's program in commer...
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I've recently been turned onto a possible source of passive income properties. There's a mountaintop ski resort in West Virginia that sells condominiums within the resort and then has in-house property managers that ...
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I'm a first time home buyer (in NJ), and shortly after attorney's review I had buyer's remorse. I made a poor decision and rushed to put in an offer due to pressure from my agent. I met with a bank's mortgage speciali...
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Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
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Hi all,TLDR: I'm 50 and want to scale quickly and be FI in five years. For my first MF, should I start small with a duplex or jump straight to large MF since I want to eventually get there anyway? I.e., is there val...
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I had another quick question. I was wondering how else a developer gets paid from a real estate development, other than selling ownership. I was reading about Donald Trump and how he was paid management and constructi...
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Anyone with hotel experience give some investing advice? I want to get into hotel investing but it's very capital intensive. I'm wondering what size of a hotel (ex: 1-2Mil size or 3-5mil or 5-10mil) would you need to ...