Jay Scott
$700k equity 2.7% what to do... Not a real estate guy!
My wife and I own a 5 bed, 4ba 3200sqft on 1 acre in suburbs east of Seattle, bought 2013 for $385k. Refinanced in 2019 at 2.7 with some cash out, house appraised for 1.1 mil at that time, we owe $350k. This is our on...
Christopher Za
Cash flow as percentage of expenses
Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
Kelly Conrad
Re-titling from personal to LLC, who's done it?
I chatted with someone who talked about how they moved the title from them to their LLC, and while reading about some of the options, I was curious if anyone here has done it. I looked at the warranty deed vs quitclai...
Taylor Green
How to calculate asking price if expenses are higher than 50%
Hi, I'm trying to figure out how much of a discount I should ask for if the expenses run higher than 50% of gross rent. For example 60% of gross rent... Does that mean I should walk away from the property or just c...
Jon Holdman
Tell me about hotels
Tell me about investing in a small(-ish) hotel. I'm talking something in the $1-3 million range, 25-60 rooms. I realize this is as much a business as a real estate investment. Is this something that requires consta...
Joel Owens
Mcdonald's not doing well.
This is exactly why I tell my clients not to buy these low cap properties.http://www.cnbc.com/id/102799994?__source=xfinity|mod&par=xfinityIf it has the parent corp. guarantee at least you have that revenue stream...
Jean G.
Is it considered a security if I offer my private lenders a bonus
Hello,I buy and hold properties, and I am trying to find a deal structure by which private money lenders would be interested in providing me long term funds at reasonable rates, as opposed to typical hard money (high ...
Jason Krasavage
Making the jump from residential to commercial multi family?
New investor here looking for advice on moving to commercial multi family for our next property. We started out with a 4 unit last year in HCOL that has been going extrmerly well. I was hoping to try and go 8+ units f...
Matt Bell
First Flip - 670 Miles Away (Montgomery, AL) - Success!
Hi BP Community,My business partner and I live in Houston, Texas but for various reasons have been investing in Montgomery Alabama. We recently sold our first flip in Montgomery, AL - managing the process from 670 mi...
Calvin Beeke
What should I pay? 12 unit
Hi, I am Calvin and this is my first post. I have 8ish years of experience with part time flipping, and bought my first property through my Dad while still in high school. I have full or partnered ownership in 22 rent...