Henry Lazerow
Strategies for getting zoning doc revised to show legal 4?
In past I have done this successfully with a old water bill but now the zoning office is not accepting DOW as a form of legalization. There must have been a recent rule change. The building is a large 4 unit in Bronze...
Michael Klinger
Definition of 1031 "selection" for the mixed or oddball listings
Hello all,I generally understand the 1031 rules and process. I really not looking for a recap on the basic rules or concept. Got all that. Thanks.However... In some Loopnet listing research I noticed that it's somewh...
Anthony Holloway
airbnb in Atlanta Georgia
Hi BP,Myself and my partners are looking to buy a single family home in Atlanta to have it as an airbnb with a future plan to add a second unit as a normal rental unit. I want to learn more about the rules and regulat...
Kayla Wojcik
Pros and Cons of fixing and flipping Co-Ops in Manhattan
Real estate investor from Texas turned real estate agent in NYC! I still cant turn off the real estate investor in me! I have a great opportunity for a real estate investor coming to market soon. The asking is under 1...
Jonathan Klemm
BRRRR 30 year vs 15 refinancing?
This may be a silly question, but why does everyone seem to refer to the 30 year mortgage when talking about refinancing in the BRRRR strategy? Could it not possibly be better to do a 15 year mortgage to reduce the a...
Kay Ferdous
noi*10 = purchase price ?
Has anyone heard of this rule of thumb formula when purchasing 5+ unit multifamily buildings? Investor I recently spoke to uses this formula to filter properties. What do you guys think.Noi*10= Purchase price?So if my...
Jessica Swingle
Income Property Analysis for Wholesale Deals
Of course, the 70% - repairs - fee rule applies for analyzing potential rehab and resale deals....
However, I'm curious to know what calculations other wholesalers are using when determining income property MAO? (for...
Michael Ealy
Why You Should NOT Buy Based on Actual Income of the Property
Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
Jacob Marble
Columbus neighborhoods from REI perspective
I'm a remote multi-family investor. Currently, I have two properties in St Louis, MO. I'm looking for another city for my next investment, currently researching Columbus. I understand that it has:- strong, diverse eco...
Alex Huang
How Much Land Do You Need (New Commercial Building)
I'm looking for guidance on how much land you need for a new single-story commercial building.Through some light research, the general rule I seem to find is about 5x your building size. So a 5,000 sqft building would...