James Stout
Pitfalls of non-conforming units
I frequently see properties with non-conforming aka not permitted additions. Specifically, I'm looking at a multifamily property which had a garage, now converted to a studio. It has all the necessaries - kitchen, b...
Thomas Alexander
Los Angeles Construction Costs
Since buying a multi-family in Los Angeles is ridiculous from a cash-flow standpoint, I am looking to possibly develop additional units on the same lot. I have expanded my search to look for properties that are on...
Paul Baghis
What should my next step be?
My wife and I own and live in a 3-unit house, purchased in 2015 for $400k with conventional financing and 20% down. Last year, we took out a HELOC on this property and used that (plus some cash of our own) to purchase...
Nate Efner
Rehab Primary Vs. investment property
What’s up BP’ers.
I have a few investment properties, but I’m ready to start being a little less passive. This is a good problem to have, but I’m torn on what the best play is and would love some feedback.
I’v...
Zac Boelkow
RE Holding Co or Series LLC
I own four multi-units with three different LLC's. I will be buying more property as I am able along the way. My question is: Should I form a Property Management LLC, RE Holding Co, or a Series LLC? Currently my three...
Ali Allen
Cost to repair sloped and weak floors??? Extensive?
Hi!We are new investors looking for our first home to flip. We found a property that we are interested in acquiring but we are hesitant because the floors are sloped and weak in some areas of the house. The home was b...
Roy Gamiz
Financing Spec Rentals
BP Nation, I'll take any advice on the following. Buy and hold investor here. In 2015, I sold a rental which turned into 3. I bought a duplex on a conventional loan, then bought 2 separate lots outright to build on in...
Akadius Ashby
New to investing and am in need of some guidance
Hello, I am new to the investing world and am looking to start my first project. My fiance and I recently acquired a property that we would like to rehab and live in for a few years to save money. It is an older home ...
Matthew Jones
Opportunity to Purchase from Friend
Hello! Brand new to Bigger Pockets and real estate investing, so any and all advice is welcome. One of my friends is about to sell their house, that they've only lived in for a year. They think the house has already g...
Paul Khazansky
Capping the recourse liability
Want to discuss the issue of capping the recourse liability. Let's say I want to buy a $2 mil hotel. This would be acquired through an LLC that has hardly an assets, so the lending bank would require recourse lendin...