Hi BP,I recently switched employers, and am getting setup with the employer provided 401k custodian (Fidelity). My goal is to take advantage of the % match my employer offers and roll it over to a self directed IRA, o...
I just listed our first house for rent and I had a potential tenant contact me to ask if we take section 8 housing. My first thought is no, however I don't want to discriminate against anyone. We live in Michigan - I'...
I am sitting on some capital that I would like to invest. I also own some property that is free and clear. In total I have 10 units... It is new and higher end. CAP rates are 5 - 5.5% I am trying to understand what...
Aloha,https://homelessness.hawaii.go...As has been seen in other States, this has been adopted and is now in effect here.Questions for the Legal Minds here on BP:The current HAP contract is 13 pages, and the Tenancy A...
Happy new year.
I have a tenant who is 4 months into his 12 month lease. What are my options for when he arrives at 12 months. I am in NH.
I could resign a new 12 month lease.
Go month to month.
...
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
Good evening BP!
One of the critical, and oftentimes elusive relationships in multifamily investing and deal syndication is the capital investor/LP. The Sponsor/GP has the option of fundraising from family and friend...
My family of six plus our live-in nanny are looking to relocate back to NYC and we're interested in buying a 3-4 family home in Brooklyn and living in one of the units. For personal and logistical reasons (i.e. work, ...
Does anyone have any information on the Franchsie Tax for LLCs in Texas. I'm a small investor and want to know how it will impact me if I go LLC.
Thanks
so lets say the NOI is 100K . if you want to know what price to offer , would you use 6% cap rate or 9-10% cap rate. With 6% cap rate you would offer 100K/6% = $1.67M. but with cap rate at 10% : 100K/10% = $1M. How do...