Michael Baradell
Advice on creating partnership.
What's up BP!! I am in the beginning stages of setting up a real estate investing company. It will consists of 3 equal partners and our model starting out will be to flip 4 properties this upcoming year and once we...
Account Closed
8 unit analysis
FSBO - Two 4 unit buildings on same property 8 units total. Seller financing - will hold back a second. All units rented with long term tenants - all units in good shape. Gross Income $4675/mo. - property is in Bel...
Tyler Ferguson
House hacker book keeping advice
Hello!I am in my First house hack in Austin Texas. I have two 12 month room leases and a mid term rental in an ADU. I get MTR leads from Airbnb and do bookings through the airbnb platform.I use apartments.com to man...
Jacob Barnhart
Options with a 6/2 home? rent-by-the-room, frats, sororities?
There's a home in my town with 6 bedrooms for sale ($100,000 asking price). I never see homes with more than 3 bedrooms up for rent here so I have no idea what the demand would be for this home. Very large families ma...
Morgan Reinart
Financing & Zoning Issues
We've made an offer on a 2/1 home in Oklahoma City, and the seller has accepted our offer of $190,000. The house also has a detached garage with a 600 sq ft 1 bedroom apartment and a 300 sq ft studio apartment. I'm tr...
Mike Xiao
Buyers Commission on larger $10M deal
Hi,Not sure if this is the right place to ask, but figure I'd give it a shot. I have a client looking to potentially buy a $10M multi family apartment building.I asked the seller agent what the buyer's commission is,...
Christopher Hand
What entity is best for Buy&Hold with siblings as partners
My two brothers and I will be inheriting close to 1m and and with them being younger (27 and 22) they want to invest this money since they don't have many uses for such a large sum of money now. We are looking at inv...
Tyler Wehrung
My First Commercial Multifamily
Hello BP,I've been on the hunt for a 5+ unit building for awhile now and have finally found one in my local area (northern Cincinnati) that the numbers look decent on. It's a little bigger than I was planning on, but...
Filomena Bettencourt
Purchase mixed-use building with a partner in San Francisco
Hi BP! This is my first first post ;) I'll try to keep this short. Keep in mind I'm a newbie to real estate!I have a small business (hair salon) that resides in a mixed use building. 1 empty residential on top /1 comm...
Kate B.
When to Stop Buying Property
I'd love to hear from people who either knew it was time to stop buying more properties or set up a clear goal for when it will be time to stop.In a nutshell, I own three properties free & clear (two bought with c...