Lou Benveniste
Starting out in Orlando, Florida Searching for My Path
Hi Biggerpockets community! My name is Lou Benveniste and I'm just starting out (again) in real estate investing. I've owned single family rental properties in the past BUT am just now learning about, and from BP. I'v...
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...
Account Closed
1st reforming note go for about 40% of the unpaid principal
I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...
Account Closed
GET RICH QUICK, SLOW, COMFORTABLY, OR NEVER?
Is it almost always bad to get rich quick? What ethics go into getting rich slow, or with less risk? If anyone is a get rich quick personality, what traits make you that way? Or the get rich slow people? I’d say ...
Raj Palem
Need advice on cash flow vs appreciation SFH investing
HI, I have 8 investment properties which are mixed with cash flow and appreciation markets. I just sold one of the home in appreciating market with 1031 exchange. debate whether i go with 3 or more SFH homes worth of...
Ryan Dossey
Tenant is wanting to replace things in the house.
I have a tenant who has just moved in. Her application was great, work history was great, and she is a single gal with no pets or kids. She is looking to stay somewhere for years as she is sick of moving... Awesome! H...
Josh Dunn
Newbie from Cumming GA - Ecstatic to be here!
Hello everyone! My name is Josh Dunn and I am finally taking the full leap into Realestate investing! I am married to a beautiful wife of soon to be 7 years and we have an incredible son who will be 4 in April (FYI - ...
Michael Fundaro
Interviewing Tenants
Hi All,My girlfriend and I just bought our first duplex and are about to rent out a unit (we are house-hacking). Our realtor pre-screened a bunch of applicants, and she finally sent one to us that met the criteria. I...
Dustin Garrels
NOI for multi family valuation
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
Mark-Anthony Villaflor
Investment strategy for upcoming migration
I've gotten about 7 homes in the past decade mainly in linear markets, focusing on cash flow and the 1% RV ratio. I've lived overseas for quite sometime so can't really do the BRRR strategy (or hesitate to from Asia)....