Due to the fact that the country is currently in a recession due to the pandemic, financing is harder to get. The good news is that lenders are still lending money.
To begin with, there are multiple financing opt...
I've found an 8 I like, but one of the things that gives me pause is the type of tenant I'll get.
They probably don't stay as long on average, right? Any thing else?
The 4's I've had are all traditional, center ent...
Hi all,I'm buying my second 4 unit in Wash Park, Denver with a small group of investors and am hoping to get feedback on two different approaches to structuring it.Approach #1 is to buy the home in my name with a 75% ...
Hello-I've been looking at multifamily properties (5+ units) priced between $200K and $1M but it's been difficult finding lenders willing to loan to these amounts. I've contacted a number of local banks and credit un...
All:I'm trying to decide find the right CPA firm? I'm a newbie, about to buy a MFH (which I already have an attorney for) but would like to set-up a legal entity, do my tax returns, and build a long-term relationship...
Hi BiggerPockets community!My husband and I are considering our first commercial property (1129 Pearl Street, Denver CO 80203). It's listed at $1,170,000. To meet an estimated 358k downpayment, we would pull $243k out...
Are you paying your contractors by the hour, or by the project, or by square footage?If you are paying by the hour how much do you pay per hour? If you are paying per project how much do you pay per project?I've been ...
We just purchased our 2nd STR and our 1st is a total cash cow. We have enough cash to pay off the mortgage on that 1st property and cash flow even more OR continue to invest that money into more of the same asset clas...
I have been looking at purchasing a turnkey condo in the Orlando area as a long term rental. I found a unit with a reliable existing tenant who wants to remain at around 100 per month below market value rent which fo...
This summer has been the toughest I can remember to keep all our Airbnb listings occupied and rates up. It makes sense with the number of active listings (single family homes) going from 7K in Phoenix metro to over 9....