OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000  that just appraised at $226,000. Of course, I am not paying the original amount an...

When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall.  Some say 2008 but this part is not impt to t...

Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market.  Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...

I am currently looking for a property to update. I've been looking at alot of downtown properties, but I dont' know where to get information on them. Alot of them look abandoned and need alot of cosmetic work. But I t...

Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...

Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...