Agustin Rossi
Investing in Louisiana
6 June 2024 | 18 replies
Waiting to get pre approved on 4 applications to see our options and then we will offer on 5 of 15 properties we saw, that we are very interested in.
David Bunch
Question on Maintenance Requests from Residents
5 June 2024 | 5 replies
Entrata, which is a solution for larger PM's, has a service where tenants can call a 24 hour US based call center, the live agent determines the severity of the service request and then adds it to their portal, or if its an emergency, calls on-call maintenance and coordinates their response.
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
Comparing the costs of the two options isn’t fair considering all growth in a WL policy is protected.
Paul Azad
New Industrial Syndication Investment, looks good to me?
3 June 2024 | 7 replies
I frustratingly see so many deal offers, particularly in Multi-Family space, where GP/sponsor is putting nothing or next to nothing into the equity portion and is collecting 2-3% acquisition fee/ 0.5-1% loan origination fee/ 1.5% yearly asset management fee/ 1-2% disposition fee and then 50/50 splits to 60/40 splits over fairly modest hurdle rates of like 14-15%, and it seems this latter structure incentivizes GP to take more risks particularly with debt options.
Christopher Stevens
ChatGPT can calculate ROI and cash flow
5 June 2024 | 14 replies
One potential word of caution: I asked ChatGPT to compute the IRR of a fund based on certain criteria (which is normally alot of work), and it spit it out instantly with a ton of analysis and which all looked and sounded super impressive.
Jeremy Lemm
Top 5 counties in Washington to invest
4 June 2024 | 1 reply
The relatively lower property prices and steady rental income potential make it an attractive option for investors.2.
Jordan Ornelas
Looking for long-term financial freedom
5 June 2024 | 5 replies
suggest you start with Dave Ramsey principals ... then move out from there.there is some big huge fallacy that Real estate is going to let you quit your job and your going to have all this time for the kiddos etc.this will never happen in the short term with rental property.. you build a nice base for retirement in 30 plus years for sure.. but for short term replace your income and have all this free time you need to make transactional income with big hits.. your not going to get their with 200 to 300 a month cash flow on a levered up rental .
John Dowling
Finance options with 3-yr severance and cash but no income now.
1 June 2024 | 3 replies
In other words I'm sure that within a year he'll be at least matching this income and still be getting the severance.If a regular mortgage is out of the question I'm thinking of other options and would love to some the BP-folk advice.1.
Michael Plaks
Caution story: Cost segregation done WRONG
4 June 2024 | 10 replies
As I was working on their taxes, I noticed that cost segregation was based on $180k worth of renovations while the total rehab cost was $310k.
Jennifer L.
New Land Development on 3.5 acres
4 June 2024 | 2 replies
if you own the land free and clear there are options for financing with no upfront cost with closing costs and initial draw coming from the land