Rich Weese
a lending story with great ending!!!!! Need a real broker?
For many months, I've been trying to refinance by 154 unit apt building in Garland, Texas. I tried 2 brokers (both on BP) and wasted time and money to no avail. Now the good part... I want to reccommened the following...
Travis Reed
Hey CPAs, Can I do my own cost segregation study?
I am a practicing Texas Licensed Civil Engineer. I work at a consulting firm that does development work, utility work, drainage, paving, construction management, surveying, plating, etc. I estimate project costs on mu...
Elijah Faas
Help with deal analysis
Hey all,A deal has recently fell into my lap. It is a land contract for 180k with a 10 year balloon, 15k down, 4.75% interest. Its a 2 bed 1 bath in a area of town built around the 60's. P&I would be around $860, ...
Guillermo Perez Vargas
Quickbooks Desktop discontinued
Hi,For several years I've used Quick-books for my House flipping, Rentals & Note business. Now I've been informed by Intuit desktop version is going away. From what I've read, the on-line version is very bad.Does ...
Matt Smith
Detroit or Austin
I would like to invest in either Austin or Detroit to buy and hold. I have 200K to invest.Any recommendation on which one has the highest cash flow? Any advice? Should I focus on a condo? single family or take a loan ...
Joseph Garner
Hypothetical numbers for a 12 Unit
Just testing my numbers and what an offer should look like. Any feedback/input is appreciated!! (Keep in mind this is just a made up deal)Asking price: $700,000 for 10 unitsArea has 9% cap rateMonthly rent is $675/mon...
Xavier Garcia
first time home buyer looking for first purchase as investment
Hello all,I am relatively new to the bigger pockets community. I learned about these forums from reading the bigger pockets books. I recall the author's experience being that he found a good deal on his first place, d...
Bryan Danger
Exit Strategy/What's your "number"?
I spend a bit of time reading and contributing to different forums... Real Estate, FIRE/Early Retirement, Sailing, Overlanding - and every time I come here to BP I'm left wondering why the discussions/goals I see on ...
Mark S.
Targeted Occupancy for Multi-Family Syndication
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Pratik P.
Sacramento Apartment Market
Hey everyone!I've been constantly looking at large multifamily deals in the Sacramento county area (on loopnet) and have been noticing very low cap rates (4-8%). After expenses and debt service, cash flow is coming ou...