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I'm ready to make an offer with a seller financing contingency on a fixer duplex tomorrow, and would greatly appreciate feedback on the terms I plan to put in the offer:
Asking price: $325k. College student rental n...
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BP,I have a reletively small portfolio of 72 units. I am 34 years old and I'm extremely motivated to scale my RE business and to scale it quickly. I started my multifamily rental property business at the age of 25 so ...
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Introduction:
My name is Peter Firehock, I am currently an Acquisitions Associate for a multifamily investment fund in Washington D.C., BPG Holdings. Multifamily real estate has traditionally been a stable asset cl...
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Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
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Main Questions: What does it mean to "breakeven" when renting out a room in your property? Is it worth it to invest in your own property in an expensive city like NYC? Or do you think one should focus on "real investi...
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Hi BP Fam!
I've hit a dilemma that I'm sure many others encounter at some point in their investing careers, and figured this would be a fun topic to discuss.
So I've been working my a** of for at least 15 years as a...
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Houston investors... I currently own 4 SFRs in the Houston area. I was very lucky and walked away with minimal damage following Harvey. But I'm wondering whether this should be a wake-up call to get flood insurance ...
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...
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I'm starting to realize it is very difficult to find a cash flowing property even in a decent area in Dallas. My original plan was to do a househack but I was not aware of how competitive the current DFW market is, I ...