1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Update of concerns on perfect storm I see forming.
There are more and more "voters" requiring entitlements. Here are a couple today.
1. Tens of thousands nearly riot for the opportunity to get an application to be on...
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
Since I only have two years of REI under my belt, this is more of a check in to see if I’m going down the right path here and if there’s anything else I could be doing.I have trouble tenants that I inherited and their...
I spend a lot of time here on BP and I happen to notice a lot of people who are new to investing who sign up and say things like the following " I am new to investing so I think I am going to just start wholesaling to...
For those of you who live in California, you may think you can "Triplex" your home by tacking on an ADU and Jr. ADU to your existing dwelling. From what I've gathered (at least in my city), the truth is that you CAN d...
Simple question. What do you prefer investing in & WHY?Single Family HousesDuplexesQuadsApartment buildings (10+ units)
I know there's a lot of threads on Dodd/Frank and Lonnie Deals, However I'd like to hear from anyone who currently does seller financing and what method they're deploying to be compliant. Ideally, I'd like hear from s...
Much of what I hear about wholesaling is to build a buyers list and go find properties to fill those buyer's purchasing criteria. In other words, be sort of an order fulfillment company.
However, 98% of property sal...
It seems to me that BP has changed. I can’t put my finger on exactly when - but, I think it started about 3-5 years ago. Up until then, BP was filled with good stuff, real value, from real REI at all levels. The conte...