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As someone who came from a Corporate background before beginning to invest “intentionally,” I have a tendency to analyze the pros and cons of every deal. Of course, too much of that can lead to “paralysis through anal...
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We have a rental property where a married couple is living in the home. They're separating, and the husband moved out of the house. The wife is now the only one there, and she let us know that she wants to put the lea...
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hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
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So as I understand, a CAP rate is based on NOI. However, I’ve also been told that CAP rates have to do with risk. Question, why would I want a higher CAP rate if it brings increased risk. For example taking a 6 CAP...
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Hey all!Today was an exciting day as I have my first Multi-Family deal in the bag pending a good roof cert we are on to closing. I secured the deal with owner financing @ 5% . I am beyond excited about the opportunit...
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Does anyone have any ideas for attracting tenants over 50 years old?
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Hello everyone, I'm new to BP and read that I should make a post introducing myself. My name is Jacob Selbe, I live in the Columbus Ohio area and, you guessed it, I want to wholesale. I just sent out my first round of...
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My wife and I are house hacking in Burbank, CA and have run into an unusual situation with a tenant that we're not sure how to handle. He and his family have been renting from us for two years without issue, their lea...
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Dear BiggerPockets investors,
I live in California and am in the process of purchasing 4 condos in Arizona. I have been advised to set up an Arizona based LLC. Does anyone understand the pitfalls/tax implications of ...
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Dear members of the community,
I am reaching out seeking advice from local agents in the LA area (or in general) regarding a real estate venture I am currently negotiating. Specifically, I am in the process of acquir...