Hello, first post on this forum. Been listening to the Podcast for awhile now. I’ve started working in my career and I’ve been starting to save a sizable amount of my income. I’m looking to purchase a house and live i...
What happened to Charlotte Multifamily Inventory? This seems to be the lowest inventory of Multifamily properties! Is this a cyclical thing? A fluke? Is Charlotte just having a random slump? Are other markets having t...
Hello!
I just got a rental unit with solid hardwood floors and I am getting it beautifully refinished.I like to hear your thoughts on what do you require your tenants to when they vacate? This is a A- unit renting fo...
Hello - I am looking for help with the current structure of a rental business I started a few months back. I created an LLC partnership with a few friends. Each of us owns an equal percentage. We then went out and bou...
Questions of curiosity when starting out in regards to proposing to an investor...1. When proposing to a first-time, newbie investor, what do you make sure to absolutely include in your proposal? What language do you...
I've been looking at some small multi family units in North Florida. During my analysis, I guess on the percentage estimate for repairs, vacancy, cap ex, and management. How do you all estimate these figures? In my op...
I recently received an appraisal from an owner of a commercial property I am interested in. The appraisal was done 6 months ago for a pending offer that fell thru. This is my first step into multi-family, so I have...
I’ve been approached by a 24hr group home company. After a couple great meeting we’re to the point of negotiating rent price, TL cost, and lease term. Would love some rent strategy help! I can’t seem to find any com...
So lets say I offer $200K on a property listed for $200K. The seller countered with $220K as the price, but with a $20K credit to me at closing, along with a few other changes to my offer. There must be a reason this ...
Hello dear Biggerpockets community,
I am a newbie here. How much can you save on closing costs if a property purchased through hard cash/private money vs the bank? Many thanks in advance.