Anything over 100 units tends to scare many investors, especially rookie investors. How do you even get to 100 units when it’s already challenging enough to get one? That answer is simple: stack them slowly over time....
I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
Hi All,I found some $20k already rented properties in Detroit online last night and I'm just curious why everyone hates on Detroit so much. @Joshua Dorkin and @Brandon Turner why do you guys beat up on the city? Is it...
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
Hello,I am looking into commercial loans to get into multifamily buildings... I am sending out emails to local banks in areas I want to invest. These loans are a bit more tricky than conventional loans and one of the ...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
I have used my ROTH, housed at Equity Trust, to invest in properties. These properties require extensive renovations. Getting to the funds and paying contractors timely is an issue with ET and assume this is an ...
I'd like to get some input on reasonable vs unreasonable fees for property management.
I think most people think that the % of rent is the key fee. I disagree.
I interviewed a property manager a while back who hea...
Okay, I think I found a great potential property and I did the research and established the owners. The home looks to be vacant, the grass hasn't been cut for weeks and it looks to be about 2 feet high at this point. ...