What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
Hi everyone,So I’m a pretty new investor and I just closed on a property that needs major renovations. Floors, drywall, electric, roof, maybe plumbing, but I’m no expert and can not evaluate these things myself. I do ...
Hi BPer's, @Tom A. and I have been collaborating on a SE Michigan BP Meetup. We are looking to create a monthly meeting that is more on a personal level compared to a normal REIA.
This event is an open ...
I need some help evaluating a commercial deal I have in mind. This is the first commercial property I’m interested in. This property is a 17,300 sqrt class B commercial building located in Wake County, NC. The tax va...
Hello All,Thanks in advance for your reply. As someone who is knee deep into the syndicator vetting process I have come across many of the well known syndicators that are now switching into the real estate fund model...
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Hey Community!I am interested in purchasing real estate out of state (live in SF) and was leaning towards using a turn key outfit just for simplicity. I understand that there are some good ones and some bad ones and h...
I have just begun on my first property renovation and my initial plan was to install LVP in the entire first floor and install new carpet on the stairs and second floor. That was until I pulled up a corner of the carp...
Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
(I don't want to limit this to Legal forum, so please let me post it in thus general thread).
This is my first property, financed 2 years ago, so obviously I don't have much reserve. The property is in North Carolin...