Hello all. Just as a preface, this is my first post. I'm completely new to real estate and I'm in the process of reading through all the material that got sent to me when I signed up, but I haven't finished any signif...
Hi BP friends. I did the ultimate no no, my niece and her union plumber husband needs a place to stay in town, and I let them stay with me if he plumb my bathroom and does a little fixing up. Was specific in verbal fi...
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We are just starting out and trying to get organized. We’ve heard that protecting yourself with LLCs are a must, but I’m looking for more information in relation to the topic. We are also in the process of finding a C...
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How do you make purchases and manage receipts for your rentals?
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I currently own one 60 unit (soon 90 unit) facility that is 15-20 minutes from my home. I am in escrow to purchase an 114 unit with room for expansion that is about 90 minutes from my home. Looking for advice and reco...
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Here is the situation that I am running up against. I have found a market where I can pick up single family rental properties that have been rehabbed or updated for 15k-20k a piece. The properties will appraise for be...
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I would love to hear your opinions on virtual tours. After doing some research into the cost of hiring someone or buying the equipment to do the tours myself, I'm overwhelmed. I am just getting back into the real es...
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1. How can I improve my accuracy at assessing rehab costs?I have an engineering background, but know little about estimating.2. What permits or licenses should I consider when doing my own rehab work?I know its varies...
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Do you own a unique property, property type, or have a fantasy property or project you would like to own? I know there are so many different niches that others are in, and ideas others have, sometimes it's fun to see ...
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Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...