Robert Sprague
Using HELOC to buy property in cash
Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the...
Melanie P.
Arbor Realty Trust - Slumdog Milionaires?
Came across some interesting research from Viceroy. It mentions some of Arbor's clients and not in a positive light. You can read all the details for yourself here:
Why Viceroy Research is Short on Arbor Realty Trust...
Matthew Drouin
$198k cleared on sale of long term hold (no money into the deal), what I learned...
I know this check says $176k but I held $25k in escrow, paid $10,800 to the buyers agent, and had a $8k in a holdback that was released after I fixed a furnace at the property.This was a duplex that I bought in 2017 f...
Jeremy W.
How to Create a Local Real Estate Fund
I am creating a local real estate fund with friends/family. The goal is to raise $10-20mm in order to invest in a specific area in the South-side of ChicagoHere is the focus:Multi-family, Office, and Land$500k - $10mm...
Christopher Davis
Tenant security deposit deductions: soft things like time and labor?
Currently doing repairs from a tenant departure. Shocking how little regard people have for a brand new house that doesn't belong to them. Life lessons!One of the allowed deductions beyond material damage is wear tear...
Spencer Wetmore
Need advice on how to increase rent!!
Hi BP Community,I am a new landlord and I need hep!I purchased my first fourplex about 3 months ago. I inherited one long-standing tenant who was (and still is) paying well under market rent - probably $250 under mark...
Account Closed
How much should I compensate a my Investors?
Hi Everyone,I think I have found investors to partner with on a an apartment building deal. Was wondering if anyone has experience with this and what type of deal I can offer my investors. How much I should pay them m...
Jon Ankenbauer
Seasoning Periods when BRRRRing
I am looking to complete a BRRRR (is it still possible to do these??) and have started calling on local credit unions to discuss the refinancing portion of the transaction. In my most recent call I was told that if t...
Ryan Johnson
Brainstorming ideas for settings and
This thread was started to have a place to brainstorm ideas that aim to raise private money. The goal is to think outside the box and realize prospects and locations to meet prospects that aren't readily apparent.
O...
Brandon Tacconelli
Newbie in Tempe, AZ!
Hi everyone, I'm just now starting to use this site, so it seems like a proper introduction is in order. I'm 27 years old, and I currently rent an apartment in Tempe, Arizona. I just moved here from Boston back in Aug...