Is a PPM required for a manager managed LLC? We're considering a deal too big to have all "active investors" but too small for a full syndication.There would still be an equity split between the management team and th...
BP Community,My brother and I need your advice.We bought a house to flip a few months ago. We completed it and put it on the market and had an accepted buyer on the property. We had purchased the property with a raz...
I put my first offer in on a 3 unit house! Got it under contract, had my inspection. Keeping my fingers crossed that everything works out and that I didn't make a bad deal.
Have a 10+ year job w/ a pretty good salary, good credit, but am lacking capital (5k in cash and about 50k in a 401k). Have been wanting to start accumulating low-cost properties (50-75k) that can be paid off within ...
I am putting offers on multi unit properties in Los Angeles and not looking at anything that doesn't have gross rents at least 10% of purchase price. Does this seem too conservative, too aggresive or just right for th...
I buy and hold single family rental homes - Terms are standard 20% down.I just started a strategy of increasing my offer price to get some closing fees paid for. For example. If the accepted offer was 50K - I would re...
Hi BP,I'm thinking about purchasing a small multifamily home in northern NJ within an hour by train to NYC. I'm considering doing a full rehab by hiring contractors if the numbers and other considerations make sense....
Hello, I'm looking to build 13 units and looking for advice on financing and deal structure. I've got a mortgage on a property in phoenix which currently sits a triplex and based on the entitlements can build 13 addit...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $54,000
Bought a 3bed/1 bathroom house off market in rough shape. It needed a new HVAC, plum...
I am new to multi family REI. Not knowing much, but learning hard. About to close on a 4 units soon. Any tips or advices from the pros out there as far as property management goes? Any other tips would also be appreci...