Zach Mitchell
First Rental - 4% Rule Quick Opinions Needed!!
I am looking for some quick opinions on the deal below. Can I really go wrong with this?? I have submitted the contract and just waiting on the seller to sign but we have already agreed verbally. I have been looking t...
Kelly Foydl
You just net $1 Million dollars game
Hi all,I know it's been played before, but there are tons of us new to the site, so thought I would play it again.You just won something that gave you an after tax, free and clear $1 MILLION dollars to do as you pleas...
Dave Hurt
Our first restaurant build out - before and after!
Hello All, The commercial RE forum seemed like the best place to post this.I just wanted to share before and after pics of our first bar/restaurant build out! This is our first project and we have certainly learned a...
Ben Leybovich
CLOSED on a 98-unit TODAY!
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
Phil Sharp
Buy-and-hold strategies in high priced areas
I have lived in the San Francisco bay area for the last 15 or so years, and am anxious to start doing some buy-and-hold investing. However, it seems that price-to-rent ratios are solidly over 30 in my area, and gener...
Daniel Thomas
Cashing out 401k to invest in RE
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
John Thedford
BP Is A "HOTSPOT" Of Illegal Activities
Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...
Pedro Torres
Cash vs Financing on low cost properties?
Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Avee-Ashanti Shabazz
How do we create affordable housing for poor people?
How do we create housing that is affordable for the existing citizens of Birmingham and still make a profit? The current Revitalization is setting market rates far out of reach of most all Birmingham citizens with hou...