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9 December 2024 | 16 replies
This is standard practice, but there are exceptions.
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6 December 2024 | 6 replies
Hey everyone, me again, I am practicing underwriting MF deals and came up with a few questions (I am sure there will be more).
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3 December 2024 | 26 replies
This is an extremely unusual practice, never seen this in 15 years of my investing career.
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5 December 2024 | 4 replies
The more you practice, the more authentic you'll start to sound.
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6 December 2024 | 25 replies
While I've been enrolled in an online course, I've found it to be quite costly and not as practical as I'd hoped.I recently discovered BP through a friend, and I'm amazed at the wealth of knowledge and support this community offers.
4 December 2024 | 4 replies
So practically it's likely easier to sell each one individually.
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6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.
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3 December 2024 | 1 reply
I’m still working on figuring out the best strategies and practices, and I’d love to hear from others who have been through similar experiences or have advice to share.Looking forward to connecting!
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25 November 2024 | 8 replies
I have some practical questions:1) How often do you clean the common areas?
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5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.