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I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way)...
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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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First off I hope this is the correct sub forum (BP is over loaded with sub forums)
I am wondering how many BP members live solely off of their real estate. By this I mean a person who doesn't have a job and isn't l...
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If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I'm researching some interesting private lending deals, and I'm a little unclear how this particular piece works. I'm going to speak to an attorney, of course, but I'm trying to prepare myself a little bit even for t...
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Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $91,200
Cash invested: $70,500
The nightmare scenario they warned me about on the BP forums!
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Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
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I am looking to incorporate myself for a variety of reasons before fully engaging in my RE journey. I am curious what option you took for incorporation and why you chose that option. I have an MBA so I know a decent...