I have been in real estate for years. I started part-time, more clerical. Later worked the office gig into full-time and then was licensed. & Over the years have worked a salary niche of commercial and retail prop...
I can't tell if it's analysis paralysis or if I'm too stringent on my analysis or just not finding good deals.I'm following the 1% rule. I budget 50% for expenses not including mortgage, but including taxes, insuranc...
Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
Hi BPI have a lead that I need help structuring and I'm hoping for some really good feedback! The property is a 3/2 in a Metro Atlanta suburb, C+ neighborhood. Asking price: $50KARV: $66KRepairs: $20KPotential Rental ...
Hi BP,So, I'm in a situation where I would like some input on how to proceed. I purchased a quad cash back in 2012 and now it doesn't meet my long-term investment strategy - it's not in the best location. I want to ...
I am 25, living in NYC with ~150k in savings. I have a high-paying, but unsatisfying job. I'm planning on quitting soon, moving back home for a little and taking a few months in between my next job to pursue my first ...
Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
I've been studying BP lately and have a question I've been unable to answer through my search.
My wife and I stumbled upon a good deal on our home two years ago, renovated it, and are listing it for sale next week. ...
Inflation is the highest it's been since 1981 and continuing an upward trend. Mortgage rates are above 5%, meaning the $600,000 home from last year will now cost you $700 more per month. Financially speaking, things d...