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5 June 2020 | 36 replies
The numbers on the page were attractive, but the "slumlord" horror stories I've also come across pushed me into being more receptive to other property types, thus my inquiries into SFRs.Have you had positive experiences with the 4plexes you’ve found in Vegas?
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14 August 2018 | 8 replies
I can’t afford anything in the NY Metro Area at the moment, so I’m exploring areas in:my home state of Vermont (Southern VT mainly)Keene, NYPittsburgh, PA where my brother livesKingston, NY (Upstate NY area/Catskills)North Adams, MA (college town)I’m trying to stick to areas I have some ties to since it will most likely be an out-of-state situation with a property manager.My goal is to buy a 2-4 unit property that is in decent shape, rent the units, and have one unit for myself to come to when I want to get away from NYC.I’ve been running numbers on both the rental property calculator and the BRRRR calculator with varying results.
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13 August 2018 | 1 reply
My main questions are, how should I go about pitching the idea of seller financing to the owner?
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13 August 2018 | 0 replies
Of course, the main issue we seek to tackle is how to best limit the liability of the parent company - and the attorneys that we have spoken to claim that 1) "this is out of their league" or 2) are unable to provide any specific insight on the specifics of the legal structure.
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22 October 2019 | 2 replies
There was no sign, and the bushes were so overgrown the house was almost unnoticeable...and it sits on the main road through our small town, just 2 blocks from my commercial building.
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16 August 2018 | 3 replies
The PNT who is in Seattle cannot meet in person to see the place and wants to discuss more information over the phone.My main question for the BP community is how do I go about entertaining both of these tenants interests in the new place?
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29 December 2018 | 23 replies
I'm trying to learn as much as possible about financing and my local market.Tom Murray, yes SFR flips will be my main focus to start.
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10 January 2019 | 14 replies
It’s not particularly attractive, and if removing it will allow you to create better flow, that will probably add more value than the fireplace itself.
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17 August 2018 | 20 replies
My main reason for considering commercial is because 1) the duplex and triplex and even 4plex market in my area is very competitive and it drives purchasing prices too high. 2) I guess I’m kind of a pretty ambitious guy and my wife has followed my lead and trusted my guidance and I want to help our growing family (2 kids and 1 on the way) meet our financial goals as fast as I can!
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17 August 2018 | 17 replies
@Brian Burke I think one main difference is the syndicator can send out a blast email to all investors at once on a specific property. turn key or PM has 1000 different properties for 700 different people and 600 different messages much much tougher..But generally speaking syndication is a higher level organization for sure..