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...
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...
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...
Does anyone have any ideas for attracting tenants over 50 years old?
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...
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...
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 ...
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...
Howdy BP,Post pretty much does what is says on the tin: who goes on the title when putting together a Co-GP deal?I'm guessing it will be probably the LLC that gets formed but if it's an equal split down the middle of ...
Hello all, I am posting to see if I can find an attorney and if anyone can provide feedback in regards to a flip. I was working on a flip where the flipper closed on a property in PA and I helped in raising money for ...