After much thought I think I finally have my strategy locked down (maybe not as I discovered as I wrote this all out). A little backstory, I bought a condo at auction in cash a year ago I rehabbed it and now rent it. ...
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
The attached is my first attempt at a business plan. I would love to get feedback from the community. It is still a work in progress, so I welcome any and all feedback.
http://www.biggerpockets.com/files/346/downloa...
Hello BP,I have a duplex located in the philadelphia area. My property is completely vacant while it is being worked on, and I haven’t been there in about a week or so. This evening I sent over someone to my property ...
Issue: How do you analyze a strip mall?
Here's the situation. I've got an opportunity to invest in a small strip mall. The property needs work and is less than 30% occupied. I've gotten a few quotes on n...
Hey BP, I just passed my test and am now a licensed real estate agent. I have been looking at setting up systems in my new business to be able to become a top producer so that I can begin to invest in real estate. I h...
People often ask me how they should determine their operating expenses. These numbers should be determined using a combination of the historical financial data available, feedback from your property management company...
Looking to purchase a winery/vineyard.
Currently putting a valuation model together but would appreciate any guides, best practices, or sources of knowledge on how to think through the purchase of such an asset.
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Hey BP community! I'm curious for those groups who raise money for other deals (syndications or funds) what do you look for in the operators you partner with and what role do you typically play in that partnership? Do...