Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
Ok no money is a bit of a stretch but none the less this has been an epic year! I have put little to no money down and have increased my net worth substantially through forced appreciation, positive cashflow, and debt...
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...