Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...
There is a great commercial deal for around $350k that I am trying to purchase. I hate to walk away, but it's a tad out of reach. As a last ditch effort I wanted to reach out to see if anyone has any ideas with 10% do...
Hello everyone. Thank you for taking the time to read this, and give your valued advice.I’m looking to buy my first multi family unit, I’ve been looking into the Freddie Mac home possible loan program, and working wit...
Been trying for days to get my password reset. It is becoming very apparent to me that I can no longer remember all my passwords. Plus all my old ones are no longer acceptable because they are too short or not crazy e...
I recently purchased a duplex on a slab foundation. There is some cracking along where the house meets the side walk and driveway conrete (should form nice sealled 90 degree angle). Some of the cracks are larger than ...
Third…Research The Properties.
Your overall goal is to determine if the true value of the property meets/beats the asking price and then project, based on different factors, whether the property has the potential to...
Hello Bigger Pockets I guess this is officially my 2nd post. My first post was about a potential deal in Spokane, WA. I ended up passing on the deal and wanted to post a real introduction and start being more involv...
Was just talking to Brian about this topic, thought I would start a new thread.
Anyone has advice on places where condos cash flow well and may perhaps satisfy the 50% / 2% rule?
Back in October 2016 we bought our first rental property in southern NJ! A 1500 sq ft. duplex, each unit 1 bed/1 bath. We bought it for $79,000, with 20% down and were able to qualify for this mortgage because at the...
Hi. We own 11 SFH rentals, spread among 3 property managers (different states). All 3 PMs use Appfolio and pay us monthly. Any expenses go against reserves of $500 per property and if any expenses are higher than that...