Andy Mirza
Any Quiet Title Action stories out there?
I wrote a blog post recently on BP about a NPN with significant title issues. The NPN was a HELOC originated by a big bank in 2005. They never obtained or recorded reconveyances for the two loans (one from 1983 and on...
Bob Lett
W2 Job and Real Estate Tax Deductions
Let’s say you’re a new investor with a W2 job. As you start buying property out of state (air travel needed), can you deduct the travel? The reason I ask is because I’ve heard that you need to have your primary income...
Vijay Anandh
Looking to rent out my property, best practices
Hi,
Am new to renting out my property in US.
I will be moving out of state from Santa Rosa, California, and need to rent out my property through a local property manager.
I am working on setting up an LLC, trans...
Pier Di Giorgio
Does Partial Grouping Election Exist For Rental Real Estate?
Hello BP community, I am an investor who owns 8 properties. Can I make a partial grouping election which includes only half of my portfolio? For instance, grouping only 4 of my rentals? thank you, Pier
Ash Pate
Investing in Los Angeles/Westwood/Beverly Hills (condo/apartment)
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...
Bryce Bowers
Lending on apartment buildings
What are the numbers banks run through to determine if a deal is good to lend on? I’m looking to buy apartment buildings.
Aaron Vargas
Commercial Loan Six-plex
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...
Kyle K.
Texas LLC Fees
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...
Bradley Jernigan
A 50 unit Multi-family deal analysis
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...
Mike Hsiao
Setting Leases to end in Peak Months?
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...