I am somewhat familiar with the overall area of Jersey city but haven’t heard to many people in Jersey talk about university renting to students kind of strategy.Seems like NJCU is aggressively expanding and a huge development project has been approved on the west side Jersey city area.

I know this is old, but for possible benefit to future readers.I have been using the 70% rule for BRRRR analysis.

This deal structure could actually be the future of real estate.

Hello BP Family,I am looking to acquire land in Houston for first multifamily development project.

It's saved me many times during our Flip projects with bad guys trying to break in especially when you bring in your high valued appliances or tools. 

They will likely already know who is in the area, who wants to be in the area, and what other projects are in the works and further along than yours which may remove potential tenants from the conversation.

I would add to network with contractors and ask if one of them will let you walk a project with them.

Hi BP Community,Does anyone know how a large scale condo conversion project finds financing for the end buyer?

I'm also surprised they aren't requiring both LLC members (owners) to personally guarantee the loan.BRRRR's can work with any interest rate, obviously harder to see good cash-flow right off the bat with rates where they are BUT in the foreseeable future you could refinance to a lower rate.

Right now, you might be able to get to a full 10%, but going forward, you'll be limited to 5% plus local CPI.For this reason, I wouldn't create a document showing future rent increases.