Atif Khan
Looking to build some new spec homes
22 January 2025 | 3 replies
basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it.
Jorge Abreu
📚Kick off the New Year with These Book Recommendations!
23 January 2025 | 2 replies
@Jorge Abreu You're absolutely right—success in real estate (or any venture) is built on mindset, systems, and resilience.
Jason Thomas
I am new and want to learn and get a deal for 2025 with good guidance
29 January 2025 | 6 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
19 January 2025 | 9 replies
Soon after I built the car wash, I was evicted from my leased space where I waxed and cleaned cars.
Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
I would stop work until an itemized scope of work and cost to completion is established.
Nate McCarthy
How to approach landlord about buying their rental?
11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Emory Clayton
% of Maintenance cost
26 January 2025 | 2 replies
Every property that is on this street has cans and will try to have these done the same way for these MH.Currently there is a 1998 and 2001 year built MH on the property.
Milena Garcia
Current listing with not enough showings
17 January 2025 | 13 replies
This will give you one critical piece of information, that it may take X days to get an offer and sell, and the second item will give you what your competition is right now.
Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
Hey all, I currently have a new home being built that I would like to keep in my personal portfolio.
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.