Aaron Junck
"50% rule"
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Anthony Antonacci
Self-Managing a Small Multifamily
Hi BP Community,I am evaluating a duplex in the midwest as a long-term investment property. I will NOT be living in either unit but live in town and plan to self-manage the property. This would be my first investment ...
Kevin Coggins
Sell or Rent Primary Residence?
I'm obviously going to have my own emotions attached to the decision, so I'd like to ask what others would do if you're in a similar situation. My wife and I have both recently changed jobs, and where we currently liv...
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With Money without Money ?
Whats the most diffucult thing to do when you don't have any money and you want to invest in real estate ?
Whats the most diffucult thing to do when you have money and you want to invest in real estate ?
What ques...
Omar Ruiz
13 Unit Apartment Complex - Where We Learned Some Hard Lessons
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...
Mike Wilson
Mileage expense - can I expense during rehab?
I know that as a landlord manager of my properties I can deduct at a rate of $0.56/mile the cost to drive to my rentals as long as I keep good records and for certain approved activities such as collecting rent; going...
Frances N.
Closing soon on new construction but HOA documents not drafted?
About to close on a new construction townhome in Atlanta in a couple weeks but the builder have not released the HOA covenant or any official HOA documentations. I was assured by the builder’s sale representative that...
Lucky Oldham
Guidance Needed - Working with builder on a tear down and build up
While doing search for investment property, I guess I went too far and decided to convert my own (current) home into rental and bought an old property which needs to be torn down and built from scratch. It may not be ...
Nnabuenyi Anigbogu
Advice needed for deal in chicago
Hello again everyone,I am currently considering a deal in Chicago using the Buy, Rehab, Rent and refinance strategy. I will be buying with hard money and refinancing into a conventional loan. Below is the high level ...
Luke Hutchins
Need Help with investor payout structure
Hello, I’m a residential real estate broker in NC,. I’ve been in the business for about 8 years now and have become a top producer in my market over the last couple years and own my own brokerage along with my busines...