Andrew Johnson
Is dinged credit worth it
Hello BP! I want to thank you for the help.I'm going to get to the point so i don't lose help. Basically i have a 500/mo auto loan and i want to know if it is worth it to walk away. I am in the learning phase of inves...
Anthony Wienke
Are these financials poor performing or am I missing something.
So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
Andrew Taylor
This Seems Like a Winner: What Say You, BP?
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Richard Ewing
Advice to better my future
Hello all,I currently have no experience in investments nor saved capital to speak of. I work for a storage corporation where I've been a property manger for several years and have gained a good amount of experience i...
Gabriel Trieu
Hi, I'm Gabe(22)! My 1st post & does this look like a deal?
Hey everyone,
I joined BP over the Summer but this is my first post so I'm really excited and ready to meet and learn from you all! I'm always open to tips and new ideas! Help is always welcome and is gre...
Ben Morand
Becoming a Real Estate Agent in College
Hi guys!
My name is Ben Morand. I am currently a sophomore student at the University of Florida. Right now, I am extremely interested in becoming a Real Estate Sales Associate and have been recommended to start part ...
Nick Ritter
Graduate student looking to invest/ options
Hi all, Starting with a little background on myself, 24 year old male recently graduated from Minnesota state university, Mankato with a BS in mechanical engineering graduated in May of 2017, currently living with my ...
Luis Barberi
Small apartment high vacancy
Hi all,
I am considering a deal for a 26 unit small apartment unit in a small town in not where I live. The pro forma numbers look very good but they have about 8 units that are not being rented. Currently it does ...
Daniella Lamis
Hybrid college student rental + STR in the summer? Can this work?
Hello! We are considering purchasing a home in a college town (where our daughter attends school) as a long term student rental but turn it into a STR during the summer and winter breaks. We would write this into the...
Nnabuenyi Anigbogu
2 Flat + Garden unit deal in Chicago (Albany Park)
Hi All,I have another 2flat + garden deal that i wanted to get some input on. I will be financing it with FHA and plan to live in it for the first year. I would like to refinance in about 6 months once i sell a couple...