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14 December 2024 | 42 replies
This is why when I hear people say they have to have high cashflow in order to buy a property it makes me shake my head.
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8 December 2024 | 7 replies
Since there are often different entities, there are different skills and systems needed.With that said, I can tell you are definitely better at building systems that I am (I have built up some best practices, but they mostly reside in my head).
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13 December 2024 | 18 replies
It's easy to play the what if senario over in my head over and over again, but I've shifted from "What if" to "What's next"!
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11 December 2024 | 10 replies
@Nate Jenks - @Andrew Postell did a great job clarifying the big challenge you'd run into pulling cash out with such a low down payment.
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25 December 2024 | 60 replies
I never really understood the discrepancy in the sub markets except maybe people can wrap their heads around renting out 1 unit versus maybe they are scared of having more then one tenant?
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5 December 2024 | 6 replies
Thanks, DavidSteve hit the nail on the head.
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9 December 2024 | 1 reply
Hi everyone, joined BP last year for all the freebee calculators and finding myself a bit over my head and in need of some advice...Have a commercial property bought on land contract, 0 down, 5%, amoritized over 30 years with 6 year balloon for 120k last year.
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17 December 2024 | 13 replies
Don’t let your imagination run wild Compute failure.
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16 December 2024 | 5 replies
From experience I can say that it is way harder, you have to find absolute home run deals instead of base hit deals and do often take on much higher risk.
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16 December 2024 | 35 replies
You could run into issues down the line without one, depending on your business structure.