I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
Hello BP Community. My name is Michael Young and I have become the most motivated human being in the last three weeks. What happened three weeks ago? I discovered real estate investing! It has kept me up at nights and...
Hello,I work at a small private equity firm in Boston formed in 2021. We have 7 buildings in Boston with 201 doors. I helped with the acquisition of all of these buildings. We previously outsourced all of our property...
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
Hello all, hoping for some advice on a recent situation. A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me w...
I have multiple friends/people in my network interested to be private equity investors/partners in my flipping deals in WA. The agreement is that I will be receiving 20% of profit for managing a deal from purchase to ...
I bought the J Scott book on flipping houses several days ago and have been reading it whenever I can and I think its GREAT! Now, I've been investing in RE to some extent since 1999, when I bought my first duplex a...
Can someone introduce me to a system where I can invest in mobile homes and parks? The state doesn't matter. Thanks.
Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...
I have had this debate on another board with investors as well as my hubby. What do you guys think about someone wanting to stack up lots of rentals as an investment so that in 10 to 15 years they can sell or continue...