Michael Corbin
Investor friendly Banks for LLC
Hi I have a real estate LLC that was recently started. I want to open up a bank account for the LLC. Wanted to know what is the best kinds of bank that is real estate investor friendly. Just don't want to walk in to...
Account Closed
90,000 Wholesalers in 2022 and now there ar 20,000 Wholesalers - Wha' Happened?
Is it any harder now to find a deal or is it the same as always, just a different group that learned that real estate actually does require work?
A fairly reliable wholesaler who buys across the country, and spends $...
Thomas St John
Lending Club funding source
Hey everyone, I just wanted to leave a quick post regarding Lending Club as a means to fund a deal. If you haven't listened to the BP podcast with Dawn Anastasi's, I highly recommend it. I recommend reading her p...
Zach Schwarzmiller
Rental Software to track Income/Expenses
I am looking for some software to efficiently track my income and expenses on my properties in relation to tax purposes. I currently use an excel spreadsheet but feel there probably is a easier, more efficient way to ...
Gail Longenecker
what's my cap rate when I have a vacancy (or two)?
When my 6-plex was fully occupied, the cap rate was easy to determine. Now that two units are vacant, we are remodeling them and selling the property. I can calculate a pro-forma (expected) cap rate, but what's a go...
Craig Shames
CMAs
Can anyone recommend a good alternative to MLS, Trulia and Zillow. I use Loopnet for commercial properties and would like something like that to generate easy PDF files. Going to market in a few days and need a more a...
David Du Menil
Developing In Waco (specifically China Spring)
For some background info I've flipped a couple homes but never built/developed anything. Where I'm at there are quite a few duplexes all of which are renting around $1500 for the updated ones and just about all are fi...
Joel McGinley
Moving overseas and still managing property
Hello all! I have been managing my own properties (just 2) but am now looking to move out of the country. So I might need a property manager. So far I am seeing what I think are very high fees. Finding renters he...
William Wallace
Hard money loan to conventional loan
hello all I'm doing some research on real estate investing and I was curious as to whether or not I could use not only a hard money loan but a bank loan as well? Also I'd like to know it's possible to take a hard mone...
Christopher Freeman
Would you do this deal?
RENTS Unit 13 tenants ($715, $725, $725)$2,165Unit 22 tenants ($775, $775)$1,550Unit 31 tenant (since 2010)$1,475Unit 41 tenant$2,000Monthly TOTAL$7,190Annual TOTAL$86,280P & L (Pro Forma) Note: Cash vs. Accrua...