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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military. My former experience has been with LTR and I'm currently fo...
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I could really use the knowledge of experienced investors here.I live in San Antonio, TX. I have yet to invest in the real estate market (I'm a newbie who hasn't gotten their feet wet yet) and have so far been doing s...
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Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...