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1 December 2017 | 15 replies
I have a friend that bought a cheap 60 unit their for 8k a door and dump 600k into rehab.. he thought if he just made it nice it would workwell long story short.. management stealing.. murder other crimes.. vacancy got up to 85% then got down to 50% and places were going to pot again.. they sold lost over 500k all in 18 months.. and I told them don't do it.If you buy the A and B in any city and you can keep top end tenants then it does not matter what city.. what matters is what tenants.cap rate is adjusting for Risk.. why is prime Multi trading for 3 to 5 caps.. when you can see 10 to 15 caps in those markets.. what is the reasoning for this everything being the same... its the tenants and the ability to actually manage them...
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12 November 2018 | 4 replies
I am getting ready to rent out my first single family property and I am wanting to see who in my area the BP Community recommends.
Thanks in advance everyone.
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5 February 2016 | 21 replies
Here is my property in Indianapolis:Without skipping a beat, I went with another cash purchase through Cash Flow Savvy in Birmingham that connected me with @Jarrod Cook with Decas.
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25 November 2022 | 31 replies
If you don’t want to plant it, then you can buy one with an inexpensive pot to put near the front door.Another simple gesture is to buy a bulk pack of LED lightbulbs and change out all of the light bulbs in the property.
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5 December 2016 | 17 replies
I really liked Steve Cooks book/course on Wholesaling.
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6 January 2017 | 7 replies
John Cook you can look up water/sewer/garbage rates at the City of Sacramento website.
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14 January 2017 | 1 reply
Just purchased a second home in Lakewood, CO and couldn't be happier because CO is awesome and want to live there full time one day, but it definitely feels like I bought at the top of the market and that CO will slow down in growth for a while as other nearby states legalize pot.
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12 October 2016 | 16 replies
Thank you so much @Colton Cook!
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19 June 2015 | 5 replies
@Shelby Cook I like this idea in the current market.
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20 March 2019 | 27 replies
I wouldn't try to stir the pot (so that you don't have any plumbing issues when they leave).