Hi BP community, I am getting ready to put an offer in on my first investment property. I know a lot of what makes a deal good or not depends upon your goals. That aside, I wanted to share details on this deal (pure c...
When considering the risks of real estate investing it's important to be conservative about your analysis numbers. That being said if you're too conservative, then most "good deals" will become unappealing. Therefore ...
You can put a dollar number on the losses Spencer Cornelia took on his first two long-distance flips... but it's hard to quantify the value of the lessons he learned and is now passing on to you.
We noticed Spencer...
Many people struggle with money anxiety, even those in the FIRE community. Your money fears could keep you on the sidelines, or it could have the opposite effect, making you ultra-conservative with your retirement sav...
It is more important than ever to underwrite deals conservatively and stick to your numbers in today's market. The federal government printed so much stimulus money that society is paying the price of inflation. With ...
Hello, everyone! :)Very much just starting out! Listened to some podcast episodes, read some content, and tried to do a small market analysis with some examples. If anyone has a few minutes, I'm specifically looking f...
They laid off a third of their staff, and now think it's go time again. When the bigs go, do you follow?Open door Bloomberg article
Investors, what do expect from agents? Should they look for off market deals? Write a ton of low ball offers? Do they not follow through? Any great experiences? How could they improve? Why should they bring you deals ...
(Purchase Price: 100 unit @$4m-$5m PP, $1m down)
ACCURATE CONSERVATIVE RETURN NUMBERS FOR APARTMENTS (Can apply to Single and Multi Family as well):
Income #1)Cash flow:@8%-10% ROI =$6.7k-$8.3k/month =$80k-$100k/yea...
Off market condo in class C area with tenant in place on month to month who doesn't want to move. If tenant did vacate unit would require $4-7k to get rent ready.$230k sale priceCurrent rent $1675 approx $125 below ma...