All Forum Posts by: Ernest Partin

Great Question @Randall Esquivel I look forward to the replies. I was just talking about this area. Thanks for asking. 

@Carrol Rhead Yes Caroll, I love it!! We all are into buying real estate, but you did it to help a family in need during tough times. Great Job! Good energy your way Caroll. 

@Arta Montero That is the worst, I agree. Is the tenant just not paying rent? Does your state have a program for rental support? Here in Massachusetts we have programs to help tenants pay back rent. Hope all turns out well. 

Great Job Queen Dom, 

Wishing you many more to come!!

Hey BP Friends,

Hope all is well and Happy New Year to all. 

I just want to wish everyone a great 2021! 

When I say great I mean good health for you and your loved ones, we all stay mentally strong to overcome the new normal they laid on us, to complete your 2021 tasks and goals ahead of time, to break barriers, I mean a lot of good to you all!

Blessings and good energy your way. Have a great week! 

@collinschwartz Wow!! Very impressive. You just boosted my motivation. 

Thank you for the details and the step by step knowledge.  Also, thank you for the books. There are a few I havent even heard of. I will add them to my library as well. 

Good luck on the rest of your amazing journey. All good vibes to you. 

Happy New Year's 

@Robert Chad Yoder Great issue you have!! Nice. What kind of leads? Buyers, sellers, investors? 

@ellissanjose Thank you for your feedback!! 

I would start in my back yard. Learn to get used to crunching numbers. 

Then find the areas you desire to invest and crunch those numbers the same way. 

You should use a local agent on the area who know the market well. 

If you dont know already, learn your search criteria to make your searching easier for you and your local agent. 

I love crunching numbers!! Hope this helps some. 

Hello BP friends. 

Hope all is well during these unrealistic events. 

I am looking for professional advise if anyone can help. I have a new investor not interested in 20% ROI.

Here is what we offered; 

20% ROI over 24 months.

Initial investment returned after 24 months. Along with 2 points. 

Our Property types;

$70k to $110k per unit

2bd average $850-$1000

Class B (We like C as well as opportunity zones) 

Cap rate 8.5% plus 

His investment wishes; 

$200k per unit (Greater Boston Area) 

2bd range $1700-$2100

Cap rate 5% plus

Class A 

These numbers dont add up to my team at all. I'm lost at how it makes any sense to the investor. Am I missing something? I do not want to miss a great opportunity because he dont like our buying options. 

Sorry for the long message. I hope I explained it clear enough.

Thank you for any and all feedback. Have a great night as well.