Godsheritage Adeoye
First investment property secured, and second under contract at age 20!!
7 February 2025 | 3 replies
Hey everyone, it’s Godsheritage here!
I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community! Even more exciting, I’m already getting my second prope...
Evan Cruz
Running Sales Comps to Value a Property
17 February 2025 | 2 replies
The age when houses were built is of some importance for sure.
Callie Carman
Where Should I Begin My Land Investments as a Young American?
17 February 2025 | 4 replies
Thank you,But how do I find people I can trust and won’t take advantage of my age?
Eric Lopez
Estimating Operating Expenses
6 February 2025 | 8 replies
A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too
Liam Mallon
First Investment at age 18
22 January 2025 | 0 replies
(August 2022)
Single-family residence buy & hold investment.Current Value Estimate: $410,000
Purchase price: $345,000
Cash invested: $5,000
Mary Jay
Insurance question-something fishy
17 February 2025 | 7 replies
Quote from @Mary Jay: Quote from @Owen Rosen: Quote from @Mary Jay: Hi guys,1) So I have an insurance broker and it seems like the properties I have with him keeps getting inspected by the insurance companies.Our house that we live in is with a different insurance broker, 10 min away from the other ones, and our house NEVER gets inspected by the insurances.Roofs are the same age.
Brad Tooley
What I should be doing starting out.
14 February 2025 | 4 replies
If I were your age, I would 100% do a house hack of some kind.
Craig Lee
Wrapping my brain around appreciation/equity vs cash flow...
10 February 2025 | 3 replies
Goal would be to acquire 20 rentals by the age of retirement, with some already starting to be paid off.I am in the same boat as you, and I focus on safe appreciation all day (small cash flow for safety and then focused on markets on that appreciate).
Julian Thomas
im 16 turning 17 in two weeks and i want to get into real estate
12 February 2025 | 8 replies
Focus on networking and learning from experienced investors—you're already ahead of 99% of people your age, so stay consistent and take action!
Tony Thomas
Help with Analysis of Multifamily
2 February 2025 | 1 reply
TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition