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I’m closing on a sixplex, in Des Moines, IA, here in about a week. I don’t love the loan I’m getting, but it’s getting me started, and that’s what’s important right now. There’s a “Range of balloon note products that ...
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Long time BP member and done 3-4 flix & flips. Fortunate enough to have liquidated assets- what to do with 500k in todays market? In Denver, with 7% interest rates the numbers are HARD to make work. Please advise
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Hello all, New to BP and REI in general and I am hoping to find some good resources and info so I can hopefully begin passive investing in apartments. Based on some initial research I think passively investing in a sy...
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I have a 2 family house, I live on 1st floor and have tenants on 2nd floor. They have a lot of stuff borderline hoarders. It started small but they keep accumulating more stuff on their porch, their stairs and the pat...
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I hear Dave Greene on the BP podcast always talking about high appreciation markets and sort of put down midwest and other high cash flow markets and I think this is actually detrimental advice for people looking to g...
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Hi, I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal? 5-10%, 10-15%, 15-20%, more than 20%.Thanks.
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This is not your
situation, but just to walk through the different thought processes
in Holding/Selling that a friend of mine is going through.
Helped my friend get
into the Self Storage business and walked him th...
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So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
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You’ve invested in your first or most recent piece of real estate - congratulations! After the stabilization period that comes with the transfer of ownership of real estate, and starting to execute your business plan,...
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As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...