Hi everyone, I'm new to the site and am learning a lot! My husband accepted a year long work contract in Los Angeles so we are looking to buy a condo/apartment in the area. We plan to live in it for a year, and then t...
What are the numbers banks run through to determine if a deal is good to lend on? I’m looking to buy apartment buildings.
I’m looking at partnering with a few people to purchase a smaller Multifamily property (6-10 units) in Tampa with an LLC. I believe this would require a commercial loan. What is the range of typical loan terms for thi...
This post is meant to be informative in nature, since I found it a little difficult to find all of the answers I was looking for regarding Texas LLCs and I wanted to share my findings on BiggerPockets. Naturally, I wi...
A 50 unit MF apartment is currently 90% occupied with rents averaging around 1000. If the cap rate of the area is around 6% and operating expenses are around 40% of the Total Gross Rental Income then what is a rough e...
I have a 4-plex in Normal Heights, and just getting started with managing the property. One of the units leases will be ending at end of September. I believe they want to renew the lease, but I'm thinking of only ex...
Hello,
I am new to this blog, not sure if I am late to the investing party as interest rates are climbing and house prices in San Diego are extreme expensive. I want to position myself for my first house hack, I woul...
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
My parents are downsizing and want to transfer ownership of one of their homes to me. I was using this home as my primary residence but am looking to move and start investing in real estate as well. The home is locate...
Hello BP my name is Terrell Murray and I want to start investing in the DEL-MAR-VA area if your not familiar its the Delaware, Maryland and Virginia peninsula. Mostly rural areas with small towns but I'm sure its plen...