Johann Kleisch
Houston Texas, HOT or NOT?!?
I'm considering long distance investing in Houston but don't know much about the current market.I was told that it's a hot market right now.Now I'd like to know the facts from the BP community. Is it Hot or Not?Any a...
Elizabeth M Williams
Why Multifamily Housing Values Will Continue to Defy Gravity
Decent, short read in the link below. As someone who raises capital for a select few syndications, I often get questions around rising interest rates, inflation, will the market crash, etc?In my humble opinion, multif...
Jon Abadia
Third time doing inspection on a "turnkey house"
If a turnkey home was inspected initially and there was time given to fix ALL the issues with the home but when re-inspected the home was not turnkey ready at all and the repairs that were supposed to be done were no...
Emmanuel Sasu
Sherman Bridge Lending User Beware!!
Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Angel Malone
Is partner shady or really unorganized?
My husband and I are in an LLC as members and our partner is manager of the LLC. We have 2 SFH properties we seller financed together and everything went smoothly. We are newbies and our partner is very experienced i...
Terry Dunlap
Does this sounds sketchy to you?
I recently bought a SFR from this company that also is managing the property for me. They know I'm an out-of-state investor. However, I grew up in the area and we know many of the same people.I asked for his help in l...
Lloyd Segal
Economic Update (July 6, 2020)
Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
Paul DeSilva
Buildium no longer syndicating (with out fees)?
Hey BP,Fortunately we have not had any vacancies in several months, but the other day one of our tenants who is getting relocated by the Army said that they would be moving. So we went to list the unit to our website ...
Rylan Lacey
New construction multifamily deal
Hi BP,Just wanted to share a deal I’m doing in regards to new construction multifamily in South Phoenix20 units, 2 bed 2 bath 800 sq ftStainless steel appliancesStackable front loader washer/dryerBottom stories get ba...