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31 July 2024 | 0 replies
Purchase price: $165,000 Sale price: $186,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Himanshu Patel, acquired a property on Hiawatha Way in Garland, TX, for $165,000 on 03/14/2022.
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31 July 2024 | 3 replies
Affordability: Compared to coastal markets, Midwest properties offer significantly lower entry costs, allowing investors to acquire more units or higher-quality assets for their capital.2.
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31 July 2024 | 9 replies
I happen to be a new investor that's gearing up to acquire my first property in the Southeast market(Charlotte and Atlanta) and multifamily was my target, however, I have an open mind and I am interested in what you would suggest as the other ways of getting the 1% rule in the South (which is still achievable).
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30 July 2024 | 3 replies
The first year I acquired land through owner financing and then I lost my job, so I lost the deal.
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30 July 2024 | 1 reply
I’m not rich and I feel saving 20k per property isn’t the best nor fastest way to acquire a decent amount of properties over the next decade.
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30 July 2024 | 4 replies
I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end
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29 July 2024 | 12 replies
Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space.
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30 July 2024 | 0 replies
Acquired for $162,000 and resold for $272,000 the same day, the deal offered excellent profit margins.
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31 July 2024 | 37 replies
One was just acquired, the other is top of its market in a resort town.
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30 July 2024 | 16 replies
All the successful investors on BP (myself included) have teams doing work for them to find, acquire & manage properties.