Eric Telese
Property Management Fees & Their Place in My Analysis
Hi BP community,I have always accounted for 10% property management when analyzing deals. I have learned this through @Brandon Turner webinars, podcasts, etc.Now that I have seen other fees involved with hiring a prop...
Wilson Lee
Trasfering Ownership from a C-corp to to an LLC
The USA is a litigation happy country. I do my best to limit my exposure to this wild west style lawsuit culture we have.I am starting to flip properties but, for the last few years I have purchased rentals to hold. ...
Michael Evans
Need advice on structuring a deal
Hello BP,Need advice on structuring a deal. So the back story, I found an 8 unit building in a great area. The previously owners purchased it for 165K and selling for 290K. The previous owners under estimated the reha...
Matt Holt
Legal Structure for Rental Properties
I have been doing a lot of research on how to legally structure my properties. I currently have a SFH and a duplex located in Ohio. My SFH used to be the house I lived in so that is still in my name. The duplex I boug...
Seth Lipper
Opinions on First Property
Hello BP people!As you can see, this is my first post and I am new here. I certainly wish I knew about this website earlier on, but better late than never! I recently purchased my first investment property, a 3 family...
James Canavan
Cap rate
Looking to buy my first rental property. I have an opportunity to get into a home that is currently renting for 950 per month. I figured that the cap rate would be 3%. Would this be a decent buy as a newbie investment...
Blue Presley
What technology do you think the flipping community needs?
For 20 years I've worked in the IT industry creating Web, mobile app, and software technologies with a heavy focus on helping real estate agents have mobile, responsive websites to list their properties. I'd like to t...
Zachary Smith
6 unit Mobile home park
I am new to mobile home parks and I am looking at potentially purchasing a 6 unit park with a 2bed 1bath rental house. I currently have 5 rental units that I manage remotely. 2 duplexes with a garage converted into an...
Michael Bell
Are Parking Investments Right for Syndications or JVs?
Greetings BP,
I wanted to share my parking "activities" within the BP community since I see this a pretty obscure topic. Overall, my goal is to JV on, and eventually partner with a GP to syndicate, a parking lot and/...
Account Closed
Buying my first small multifamily
Hi,
I have been working for the past 5 years to purchase my first deal. I have been paying debt, saving money for DP and CC. I live in Orlando and I am having difficulties finding a quad for less than $665,000 that ...