Brandon Morgan
is an LLC necessary?
hi all, I am new to real estate investing and recently bought my first property a few months ago and got it rented out! I am thinking about the future and how I will purchase properties in the future. I often hear you...
N/A N/A
Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
Ellie Narie
Do rental properties count in your DTI ratio?
I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
Ponni Carlin
Setting up multiple LLCs and Business Credit Cards
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Ray Cooks
Real Estate Agent
Hello! My name is Ray Cooks, I'm a Realtor in NJ, and I'm also licensed in NY. My office is Elite Realty Group in Harrison, NJ (Essex and Hudson county). I specialize in homes going into foreclosure and short sales. I...
Kelly Arkadie
Determining ARV for duplex
Hello BP,
So me and my wife have been looking for our first investment. We've entertain the thought, of buying a duplex. The problem is there really isn't any true comps to go by. Reason being none of the duplexes in...
Erick Kaufman
Buying from over seas owners
Hi everyone. We found a subdivision in the US with 95 parcels that are owned by individuals that live in Norway. We just want to purchase the parcels of vacant land. We plan to send them all blind offers. We wonder...
David Casey
[Calc Review] Help me analyze this deal
View reportHello,I've owned a few small multi family apartments and my primary single family for years. I'm looking to expand / grow into larger multi family and wanted analyze a deal with 12 - 14 units in a condomin...
Barbara Phillips
Looking for investors
I know what property in Florida I wantI know what I want to do with itI need Bigger Pockets to help me find investors for the project.When I have this propertyand the business is running smoothlyI will then investigat...