Terrance Thames
Out of State Investor looking to appear local to lenders
Hey Everybody!I have a lending question. I am in my first flip project as an out of state investor living in Los Angeles and flipping in St Louis. I was born and raised here so I know the market and have a strong netw...
John Walston
First offer submitted
Just submitted my first offer in a property listed for $100k. 1,300sqft, 3 beds 1 bath. Roof and slab condition unknown. I found the ARV to be around $180k+ for my area, so it made sense to put in an offer at $73,000...
James Dainard
Dealing with contractors
One of the most common questions I get from my clients is, "What do I do when my contractor doesn't call me back, and doesn't show up to finish the job." I did an entire webinar series on how to deal with contractors...
Steve L.
Class C, Mixed-Use Retail/Residential Insurance
I bought a mixed use property in December that is Class C in very blue collar city in California. Roughly 5,000 sq ft of Retail and 2,000 sq ft of residential. I have it free and clear right now. Insurance quotes a...
Hari Narayanan
BRRRR Strategy - Cashflow after pulling initial investment out
Hello,For BRRRR strategy, is there a good rule of thumb (either your own or a generally accepted rule such as the 1% rule) for what the cashflow should ideally look like after refinancing and pulling out your initial ...
Abdullah E.
Analyzing an investment for cash flow
Dear Bigger Pockets members,I'm looking for the homes around Syracuse. I have around 70K$ for this investment. Since it is going to be my first real estate investment, I focused on a healthy cash flow. I will start bu...
Richard McRae
Long term investment yields
Mixed SignalsMany of you are aware of Starwood Capital Group’s $5.4B purchase of 23,262 multifamily units owned by Equity Residential. This comes on the heals of the additional purchase of some 67,800 units during th...
Owen Dashner
Triplex - Do you prefer tenants or no tenants when buying?
I am finishing up rehabbing the last unit of a 3 plex in Omaha that I am planning to sell. Currently, all units are vacant, which obviously made it easier to rehab, and will be much easier for scheduling showings. I...
Account Closed
Beginner Financing Tips?
Hi, I'm sort of new to Real Estate investing, and one of the major things that I've struggled with (as far as visualizing and weighing the pros and cons) is the financing of Real Estate deals.
First, I'd like to ask ...
Salvatore Lalicata
Attorney for LLC formation.
Should I use an attorney to help form my LLC properly or should I save the money and do it myself??