Rich Ferradino
First Mobile Home Park Under Contact
I just put a 10 pad MHP on contract in South San Antonio. There are 9 Mobile Homes which are mostly 1990s, and only 4 are currently rented for a total of $2650/mo, 3 vacant,the remaining 2 need to be repaired, and the...
Bellman Tumasang
How to manage rental properties?
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
Matt Rauer
When would this property make sense?
Hi everyone. I'm new to deal analysis so I wanted to give this one a try and see if I'm at least in the right ball park for analyzing deals
Purchase price - $587kYearly gross income - $42,461 (though for current lis...
Nilton Lisboa
is it ever a good idea to pay 14% more for seller financing?
I am looking at a 29 unit apartment building (brick/flat roof) that is worth $2.2M. It is 100% occupied and needs $100k in upgrades (value added items only) plus parking lot pavement of another $60k cost. The seller...
Suzie Remilien
My First Foray in Out-of-State Investing
About 7 months ago I posted my intention to invest out of state on BiggerPockets, and today I’m pleased to announce that I have purchased two properties in Florida in September 2017 and November 2017. I found both pro...
Charlotte Dunford
Best accounting software
What is your favorite accounting software to keep track of your operating expenses?
Aleksandar Milosevic
Miami Beach First Time Home Buyer Advice
Hi good people.I need a advice..I am single 40 years old living in Miami Beach and I would like to stay here.Currently I am paying rent and I have 100k in savings for real estate.What you will do in this market if you...
Jennifer Stammberger
Looking for tips on analyzing deals
Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...
Mikhail Egorov
How to Best Track Renovation Costs and Profits for Multiple Managed Properties?
I currently own three properties, each managed by a different team. As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some...
Tracey Hamilton
Where to put expenses for efficient tax prep?
My husband and I have an LLC for our flip business, which is also a licensed general contractor business, in Oregon. I personally also have my Oregon real estate broker's license, which I obtained to help with the bu...