We're considering 4 commercial properties in our area. These include multiple office and retail spaces. I'm good with the underwriting, and know that the numbers would work. The only hesitation I have is that I am not...
Hey everyone! I'd love to hear thoughts on our current situation. Here are some details of what we are looking to do. My wife and I own a 2900 sq/ft 4BR, 3BA home in south Charlotte, NC area. We paid 240k for it two y...
A friend of mine recently took a job that will move him from Atlanta to Charleston, SC. He has lived in a nearby neighborhood for 20 years. His home is very dated and probably one of the worst looking homes in the s...
How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
Hello there,
I attended the free introductory session for Lifestyles Unlimited this Saturday. The sales pitch was on point, very well presented! It did concern me that they didn’t consider vacancy and maintenance. ...
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
I have a home inspection coming up Monday for a 3 unit triple decker style home that was built in early 1900's. It's been mentioned that it may lack wall insulation based on age and listing price. While that sounds ...
I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC ...
Hey BP professionals-I am a newbie investor looking to get started in small multi-family buy-and-hold properties. I have read a couple of the BP published books, have attended a couple webinars and begun running some ...
So I'm not a true real estate investor. Not yet at least.
I'm currently going to close on a brand new Quadruplex on the 27th (dec 12) using a VA loan for 100% financing at 3.5%.
I'll be living in one unit, and ren...