Hello, I am a new member to BP and currently saving up to invest in real estate with my cousin as a partner (also currently working on getting my real estate license). We decided on renting out small multi-families to...
Headline says it: The recent emphasis on creating direct-booking sites for your STRs and MTRs is overrated. Prove me wrong.Work/money not offset by savingsThe amount of work -- and money -- to build a site and do prop...
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
Investing in real estate is categorically different than investing in stocks/bonds and other customary financial planning tools.
It is buying a small business. This fundamentally changes how you should think about t...
Have been getting lots of calls since starting my yellow letter campaign. No deals so far, as the sellers (or potential sellers) haven't seemed that motivated to me.
Maybe it's my expectations? Maybe I was ex...
I started off as a Police Officer at 22yrs old. While doing that I purchased my first home at 23yrs old. I bought a double home. Here in Cleveland that consists of an apartment on the bottom and an apartment above th...
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
I am ready to begin the process to liberating myself from the 8-5. I have a plan in place and a set of fairly specific criteria in order to get there. Here it is at a glace:* 3k in monthly cash flow = 15 properties at...
Bet that got your attention! Don't get me wrong I am a huge believer in using private money but I would recommend that newbies not use it!WHY?! You may ask! Private money is great and will take you far but if you are...
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...