Daniel L.
Financing on 11 units
Hi all. I am currently in contract to purchase 11 condo units of a 40 unit complex all from the same seller. Initially these will be paid for cash in my name, with the idea of refinancing soon after closing under my n...
Julie Muse
Spruce Street Success: Profitable Flip in Modesto with Seth Choate!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $200,450
Cash invested: $16,000
Sale price: $319,000
Contributors:
Peter Vekselman
Partner Driv...
Matt Piercey
Downtown South Development
Hi BP!
Recently had a real estate agent send me some info on a new residential development that'll be located near the Downtown South Development telling me it's an obvious appreciation play. Trying to find more info...
V.G Jason
As we get into Q4 '23, and move into 2024, which cities are y'all looking at?
I'm always curious about where people think the market, real estate market, etc., go and curious to which cities you guys are looking at for whatever real estate deal-- commercial, STRs, buy & holds, fix & fli...
Account Closed
What percentage of tenants are good
With the recent article claiming 62% of Americans have less than $1000 in savings, how viable is a business that relies on people to pay monthly rents. If for the sake of this question we divide prospective tenants...
Christopher Wall
Great tenants, should I raise Rent?
Hello BP Family!I have great tenants in the East Orange NJ area. I inherited these tenants and raised the rent from 1k to 1200 when I intially took over the property. I used the BP rent estimate and the floor that is ...
Alexis Herrera
LLC for rental properties
Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
Alain Haug
Are we eligible for convenient loan?
Hello BP, and greetings from Switzerland.Simple question, not so easy background:Will we be eligible for a conventional loan (Freddy Fannie)?Background: my wife and I are currently living in Switzerland. She is US cit...
Chance Cooper
Pros / Cons to cheaper rentals
Has anyone ever purchased cheaper 40k to 50k homes vs. Higher end turn key properties? If so what are your experiences and recommendations.
Account Closed
Is there a maximum starting price for a potential BRRRR?
I live in an INSANE market (Maui). I know of a property in a great location that seems like a great candidate for a BRRRR but the absolute lowest it will sell for is still close to $600,000. The neighborhood appraisal...