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I am taking part in the ownership and remote management of a 38 unit complex in North Dakota. The current partners have a W-2 employee managing the complex. This individual is going to retire at the end of the summer....
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So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
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As I'm awaiting possibly my first wholesale deal to happen I'm keeping my eyes peeled for some potential flips. I've been sifting through the HUD home store and finding some properties out in independence that need qu...
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Hi,This looks like a great community, glad to have found it!I work in tech and though I like my work, I have realized that it is not sustainable long term.I am interested in a low maintenance way of earning an income ...
I have been educating myself for the past month (watching webinars, listening to the podcasts, reading articles, attempting to analyze "deals," and research viable markets-I think I've got that part down) and although...
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Hi, BP Fellow InvestorsI am interested in a Quad with four independent tax records on the county website. Suppose that I only have one of the 10 residential loan slots left and I want to take advantage of this low-int...
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A seller contacted me who had built 3 duplexes on the same street in Independence, MO shortly before the crash. Borrower owed about 135k and property's are worth an est. 90k. I have closed on 2 of them and am working ...
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How long did it take from when you did your first deal, until the day when you no longer had to work for money? What type of deals did you do, and how'd you start? Interested to see how many investors on BP have reach...
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Any recommendations for an independent insurance broker that can cover multiple states (CA, GA, AL, DC)? Have you found the independent broker experience superior to working with a major insurance company? Allstate ...
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I saw a webinar yesterday on renting out to veterans and handicapped people. Basically 3x the rent. I want to do this. Because some places might not be able to yield a good buy and hold with regular tenants. I would ...