Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
17 January 2025 | 27 replies
If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.
Chris Lu
New BP member looking for STR budget feedback!
22 December 2024 | 5 replies
I built this budget template based on my research but am only seeing bad investment returns / don't really know what I'm doing and would appreciate any feedback you all have to offer.
Tom Pappas
How we built a distressed real estate investment fund
16 December 2024 | 1 reply
We distributed profits to investors quarterly and returned a 45% IRR to investors annually.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
All you need is a 5% cash-on-cash return, which you can find in most markets. 5% of 4.6M = $230kSo it sounds like you can easily hit your goal.
Penny Peng
Preferred equity or common equity in a syndication
13 December 2024 | 10 replies
Depending on how bad the conditions are, accrued pref may never be paid out and original contribution may not be returned in full.If pref equity's original capital contribution is not returned in full, common equity is in even worse shape.
Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?
Devin James
Always Have Multiple Exit Strategies
17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.
Elio J. DiTrento
STR Lake Harmony PA
17 December 2024 | 2 replies
What are your returns like, is it a strong STR market?
Deborah Walgren
Historic Inn Purchase/Reno Help and Questions
20 December 2024 | 2 replies
I have a pro forma using very pessimistic occupancy/booking percentages (worst case scenarios) which identify a very nice cash on cash return, and the ARV will (again, pessimistically) be at least double the purchase+rehab costs.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I use it for direct mail marketing return address, and almost anything business related.