Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Shane Schrader
How to find a cap rate to find market value
Hello,I am trying to place value on a mobile home park. It has 4 single wides and 4 RV trailer spots. Single wides are owned by the park. It's noi is around 4200 a month. I am looking for any ideas on how to find cap ...
Miguel Hernandez
Information needed before Wholesaling
Hello BP members. I am from Los Angeles, but I virtually fix and hold properties in Wisconsin. It’s been pretty slow for me so I sat down to go over some things I needed to scale my business to the next level. I reali...
Clementene Taylor
Primary residence or rental property
Hello everyone I would like to get your take on this situation.
I sold my primary residence a year ago to down size and I'm currently renting until I decide where I would like to live next. Now that I'm looking to in...
Shital Thakkar
New Construction Multifamily / Apartment in Dallas
Hi,
I am planning multifamily / apartment construction in Dallas Metroplex.
Here is my planning, let me know your suggestions and recommendations...
Land : 2-3 acresLand Price: 200 - 300KUnits: 30Construction: Arou...
Mike D.
Techniques to report Capital Improvements as Repairs
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
Jon K.
Would you allow dogs? How about large dogs?
Houseshare/roommate setting.
Had one person want to bring their 60 pound dog. Said it was house-trained, not kennel-trained. Young tenant, probably 20 or 21 years old. Friendly breed of dog. Would you rent to that si...
Frank Boet
Is a crisis or a pull back coming?
We are already witnessing cracks in the Chinese real estate market. In fact, they are expecting a recession in 2019. The US stock market is in a free fall and just a few points away from being in a full blown Bear Mar...
Akshay Bhaskaran
Do you trust these companies?
Planning to get started with my first BRRR, so got in touch with two different companies who can bring you off-market deals:1. New Western2. NetWorth RealtyI feel both of them are little pushy for you to make an offer...
Patrick Britton
Do you enjoy giving money away?
So if anybody is looking for a super easy way to lose money here's my suggestion. Buy a property in the South side of Chicago and wait.
With enough time, the tenants will stop paying rent, destroy the place, and then...