I looked at a loan request today. I know the area very well in Philadelphia, without seeing anything my first thought was the property was worth 350k or so. The appraisal came in at 640k, the comps they used were out ...
I've heard that once you're in the business long enough, you can feel comfortable enough about a deal to make an offer without ever having laid eyes on it. This seems hard to believe for me since I'm still fairly new ...
Landlords and Property Managers should stop inspecting occupied rentals.For residents, an inspection feels like a prison shakedown without the cavity search.For owners, negative goodwill with the residents and some ph...
Hello BP members!! Just wanted to start this forum for new and seasoned multi-family investors. Base on your experience, what value adds do you look for when evaluating a multi-family property?For example (try not to...
Hi everyone, I am meeting with an attorney in a few days to view the assignment contract I found. I have a few questions for you guys before I talk to my attorney so that way I can feel more informed...I have my marke...
I am ready to take my first step into real estate investing. I have consumed tons of real estate content over the past year or so and believe I have a good basis of knowledge to begin my journey.
I am looking to purc...
We are currently working on putting a deal under contract here in Las Vegas. The property portfolio consists of 30 properties.
If you have read my previous posts, you’ll have context and my back story. If you haven’...
Hey BP world!Starting a discussion to see what areas in Tampa do investors see as most valuable to invest in? (Fix&Flip)/(Buy&Hold).Looking forward to the BP worlds responses!
I’ve heard both the 1% and 2% rule thrown around on bp, and it seems to me like these are pretty different numbers. Does anyone actually find 2% properties? And I feel like the 2% rule is more of an exception rather t...
If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Let me know you...