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Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
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Hello- I have been spending a considerable amount of time calling multifamily owners in my farm area and keep running into the same problem. Many of the owners would love to sell their property but have owned it for 3...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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Please excuse my ignorance in this post, but I listen to podcast after podcast on my drive to work.This morning I was listening to Bigger Pockets Podcast 210, about a younger couple starting out, purchased their first...
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A little background: I'm a 21-year-old rising senior at Clemson University with about 20k to invest. I have my Pennsylvania Realtors License. Besides taking some real estate classes, my only experience in the field in...
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I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
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Hi BP,It's always nice when you get to click "Real Estate Success Stories" as your Forum Category:)I would just like to share with the community that I am now an owner of 2 properties, because I just closed my 2nd dea...
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Ok so that's a bit of a loaded question because I have a good idea as to what we did wrong along the way. The reason I pose the question this way is so that I can get some unbiased, candid feedback regarding this pro...
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When screening tenants, in addition to running a credit report, checking landlord references, and checking bad tenant databases I also try to check the applicant's social media accounts. Some people have their account...
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This is going to be long, hope it makes sense. 9.5 years ago 6 investors got together and purchased a 42 door condo complex. 3m cash was put it and a 3m loan was taken out. Rents have paid down the loan and it will be...