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Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
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Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
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While I've learned a ton about investing over the past year or so, I feel like I'm seriously lacking in the area of pre-construction deals. I've got a few questions about finding good pre-construction deals.
1) Wher...
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Hello All!I purchased a 18 unit building 2 1/2 years ago in Central Illinois. Prior to purchasing, I did as much research as possible and did my best as a new investor on the due diligence. I am struggling to see ...
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So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...
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I recently bought a sfr in Seattle, closed December 22, 2015. The inspector that charged me $400 for the inspection totally missed a one foot diameter area in the dining room along the garage side wall that when step...
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I successfully won the auction for a property that went to Sheriffs Sale in Racine County. The outstanding balance was $116,900, however the open bid was $124,167. This caught me a little by surprise. I had watched...
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Requesting feedback from the wise RE Investing Yodas in this forum.Current status: Nearing retirement (3 to 4 years). Current portfolio provides (net) twice the W-2. Will reach three times within five years. I am ...
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I have a condo rented walking distance to classes at University of Utah. It is in a small 12 unit condo complex. The rental is 2 bedroom, 1 Bath, 837sq ft. I have had it rented at $1400 for the last year to two colle...
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I am new to the game and trying to figure out how to effectively build a multifamily real estate syndication business while working full time.With having a full time job (50-60 hrs/wk) and a family, I'd love to hear s...