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6 March 2017 | 7 replies
I love to get my hands dirty (literally and figuratively), and I started at the bottom in my professional career, would have done it no other way, so naturally I'd like to get to know real estate in the same manner.I'd also love to get to know folks from various backgrounds on BP and hopefully we can all leverage our strengths as individuals to make gains as a team!
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24 March 2017 | 10 replies
Hey Team -A little bit of background here is that I currently have 4 rentals in Sacramento and 2 in Houston as well as completing flips but have now decided to venture into apartment complexes.Just had an offer accepted and am now trying to piece the process together as it's a bit different from what's needed from the SFR side.Some details about the purchase thus far:Purchase Price - $771,000Gross Current Rents - $8,400Potential Income - $10,200Here's what I'm asking for:Rent rollLeases for all units Profit and loss statement Operating income + expensesUtility billsMy thoughts process-wise:Receive/confirm the income + expensesConfirm condition via a property inspectionIf all checks out - complete the purchaseAside from some moral support from the BP team, my ask is if - at a high-level - I'm missing any other points?
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6 March 2017 | 18 replies
I agree, using social media as part of your background check for potential tenants is completely valid.
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17 May 2019 | 3 replies
For some background, I am a full time CPA with my real estate certificate (no license yet) and our family has an LLC set up to treat this venture as a true business, adding 2-3 properties per year.
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10 March 2017 | 8 replies
Offer a good down payment, @least 10yr term, low rate(enough for you to cash flow), no balloon payment..The beauty of seller financing transpires from creative need...Find the best solution...GL
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6 March 2017 | 4 replies
I consider myself to be a pretty smart guy, with background in title, real estate transacting, and most aspects of construction.
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5 March 2017 | 0 replies
I feel I am ready to start my investing after reading several real estate investing books and with my background in finance.
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5 October 2018 | 21 replies
Great job on the home, it looks beautiful!
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6 March 2017 | 4 replies
When my tenants applied to rent, I sent them an email from cozy, which sent them instructions on how to submit their background and credit check (the tenants paid $40 to cozy for the screening).
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6 March 2017 | 4 replies
I have no real background in real estate, but have a strong desire to learn!