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Hello everyone! Before I start, I'd like to say thanks to the BP crew and the tremendous community you've built here! Honestly, the last 4-weeks on the site has been nothing short of life changing...
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Hey everyone,So I am about to close on my fist rentals. It's insane. I completed my first flip, it went through three potential buyers that all ended up with lending issues, and finally is just now selling a year lat...
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Another post about not being able to find a property with only 10 days left in a 1031 prompts this question.In this current market, what is the best way to perform a 1031 Exchange successfully? Do you sell and hope yo...
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This post is inspired by show #238 @Michael Swan. I have about $250k worth of equity in a SFR rental in a suburb of Los Angeles I bought in 2010. The property about breaks even and the tenants are easy. I made the mon...
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Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
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Need some help from the community. I'm meeting with a broker to walk an off-market apartment complex here in Cincinnati. The property is in a downward spiral, so I think this could be a fantastic deal with great value...
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Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
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Hi everyone, It's Friday night and I all my adrenaline is zapped. I am about to lose twenty thousand dollars b/c my mortgage contingency expired and my two private money lenders flipped the script on their terms at th...
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I hired a contractor to instal 1100 sf of tile because the Store where I brought the tile suggested him to do the job. After he started the work I noticed that he would leave my job for hours than come back and t...