Nick Thomas
Property will cashflow according to my numbers, but downpayment..
Hello all, I have been working with a realtor in Eastern NC and he has produced me with a property that I think I could cashflow right away. This is a townhome in a desirable part of town that was built in 2007. The b...
Alex Smith
Buffalo Duplex Multifamily Rehab Estimates
Hi folks. I'm just trying to get a supremely Ball Park rehab figure for the City of Buffalo for a Rehabbed Duplex.It's actually in really good shape, so no real demo. Needs new roof, 3 piers replaced for the Additio...
Marcin G.
subs getting paid
Lets say I have one agreement signed with GC . I pay him HIS portion and I pay subs all that is due to subs. Is that a problem ? do I need to have separate agreement with subs as well since I am paying them. By the...
Marc Delgado
Outsourcing Accounting/Bookkeeping duties
Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties. We've heard offhand both on this web...
Ryan Pemberton
Has anyone heard of a 26% rule on making an offer?
Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
Salvador Diaz
What construction trade or skill can help me flipping homes?
Hello All,I am a new Realtor located in Seattle, WA and my goal is to become a a landlord while I flip homes. I am putting in a lot of time into learning the real estate industry but I would also like to building my e...
Brian OShea
Should I Approve to Reject This Applicant?
I have a tenant with first, last and security deposit on hand and is willing to get her mother to sign a notarized statement that she provides for her daughter and helps with her bills that is the good news the bad ne...
Adrian Williams
Do you plan to participate in any tax sales in 2011?
Hello Biggerpockets I have always been interested in tax sales, I have done some due dilligance and I have the basics down or atleast I hope I do :) . I was trying to find out who plans on participating in any tax sal...
Gabrielle Rogers
How do you start from behind the starting line? REI Newbie
Hi Everyone,
I truly appreciate the frankness of this site - which is encouraging me to be transparent about my situation. I bought my first property a split-level 2/2 condo with loft that I loved (know better than ...
Nat C.
Company name
This isn't the most exciting topic but I sure would appreciate feedback.I am starting a new company and need to register an LLC name. It's like everything has been taken.The plan is essentially to hit the streets and ...