Ryan F.
Investing into negative equity but below replacement cost
I'm looking to buy a cash flow SFH in the Atlanta area with 8% CAP rate and 10% CoC return. However, the appraised value is only 80% of purchase price ($100K) so I'll have to kick in $15K extra cash to close with a tr...
Josue Vargas
Earthquakes and Hurricanes: What will happen next in Puerto Rico?
A series of earthquakes, largest one so far happened early morning on Jan 7th 2020, magnitude 6.6M in the Richter scale in Puerto Rico just 8 miles from the south coast. Some areas in the south have suffered the wors...
Alex Corral
Evictions in Indiana
I want to ask your experience with evictions you’ve had in Indiana.
What are your typical timelines before a tenant is served with an eviction notice & they are evicted?
What has been your experience with co...
Michael Klinger
Boot on the ground instead of lame and lamer property managers?
I am in month 5 into owning 64 units over three properties in the same city, but split between 2 different property management "companies."I am out of state and sold office building on a 1031 exchange. Otherwise new t...
Dave Slaughter
Wholesaler working with agents question
In other podcasts and blogs it had been advised to network with agents to market for deals by asking them if they have any sellers looking to move a property quickly. My question is what if they do? How would a whole...
Joshua Dorkin
Time to Close the BP Bulk REO Forum?
Unicorns, Sasquatch, Centaurs, Bulk REO Deals . . . they all seem to be mythical creatures.
I've started this discussion because I'm pretty convinced that we will be terminating the BP Bulk REO forum and will require...
Ayat Suleiman
High Cap rates in Multi-family at this time?
I'm currently working on a project where one of the investors is looking for a 9% cap rate on a few multi-family properties (b and c class). To me that seems a little high considering the cap rate isn't normally that...
Shaun Moore
General Contractor's License for Permits when Doing Work Yourself
I have a project underway and am doing some of the work myself. I'm curious if anyone else has run into a problem when rehabbing a property, and doing the work yourself. Have you been required to have a General Contra...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Larry F.
Does anyone use "Flipster" Software and, are they having success?
Saw a video on this product. Does anyone have Real World Experience with the product? Please share any stories you have.With Appreciation,Larry Foster