Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Catalin Chindea
Purchased a home with non-paying tenants
Hi everyone, I just purchased my first flipper last week. At least that's the idea. The house has a non-paying tenant. Because of this fact, I negotiated the price of the home extremely low. Here is the problem. The p...
Scott Smith
One weird legal trick to protect your assets better than an LLC
When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...
James Maness
Apartment Complex
I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
Morgan Wallace
Purchase with cash then mortgage property
Good Evening BiggerPockets,I found a property that I think I can buy at a deep discount with cash. If I purchase with cash, then clean out all the junk and have it appraised, can I get a mortgage based on the appraisa...
Connie Steele
Commercial loan conditions
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
Omer Zakai
Where to invest in the US
Hi All, I am a newbie RE investor and currently using /learning with a mentor to do my first RE investment. My budget is around 80-120K for my first investment and I have explored those markets below:
Cleveland OH...
Kendric Buford
Starting out - Next steps for Scaling Up
First time posting here, so please bare with me. I'm in a unique position after an unfortunate event, but I'm determined to make the best of it! Currently I have a single family property that I'm renting out long term...
Shahriar K.
foreigner partnering with a US citizen
Hi Everyone
I wanted to run this idea by the BP experts that someone gave me. If me a canadian citizen partner with a family member who is a US citizen to buy rental properties, I am providing all the funding and...
Brandon Turner
How Can I Control My Garbage Bill at My Apartment Complex?
Right now we are paying about $1,000 per month for a garbage dumpster at my 24 unit apartment complex, and it's pretty much always full. We can't shrink the dumpster or decrease the number of pickups unless people ...