Ray Hayward
Negotiating Equity shares with GC
Hello,I am seeking feedback and advice on how to fairly negotiate equity with a GC for a specific project. My role is the Developer. My goal is to:1) Make an equity offer to GC based on Fair Market Value of property2...
Bill Ung
Interviewing Agents and Realtors
I recently got in touch with my first agent to interview and I asked these questions, they seemed to be enthusiastic about working together, but the next day they called it off and were afraid to hop into details when...
Eric Feng
Atlanta West - Bad Place to do Owner Occupied Properities?
Hi everyone.I'm an RE newbie so I'd like to pick your brain a bit.I've been looking at multi-family homes for my first investment and I found a good place on the West side of Midtown.The good thing about this duplex i...
Michael Lopez
Would a HELOC be a “good” way to start a REI business?
A am a licensed RE agent and have rehabbed one property years ago prior to the housing crash. My wife who is also an RE agent was contacted by a friend of ours that asked about opening a HELOC in order to purchase a p...
Meera Lakhavani
203k Renovation on OLD 3-flat built in 1880!
Hi BP Friends!I am close to starting my first rehab with FHA 203k! My offer has not been accepted yet but I am hoping for the best.The property is a zoned 2-flat with illegal third attic unit. I think we can remove th...
Michael Miller
Getting High Appraisals
Our team is currently using the BRRRR method and finishing construction soon on the rehab portion. We are wondering if anyone has some tips for getting a good appraisal from the bank during the Refi for the best LTV c...
E.J. McLeavey-Fisher
Converting Residential Property to Commercial (Event Space)
Hi all,
Doing some very preliminary exploration of starting an event space/wedding venue in the northern New Jersey area. Is it at all realistic to consider residential properties in this search (large mansion-type s...
Joshua Feit
The 'golden egg' question
Hi BP,I have been investing for three years -- I have 11 doors across 7 properties in Atlanta, and the portfolio produces a good bit of cash after all expenses and debts are paid.More exciting is that a few of the ass...
Dustin Smith
What Are the Major Value Aspects of a Rehab?
Hey BP Nation, I'm going to show my newbness a bit here. I've never done a rehab project, and never built a house, so I'm wondering what are the major aspects of a property that create the value on deteriorated prope...
Ozie Jackson
[Calc Review] Help me analyze this 5 unit deal
Hello,I ran a report on a 5 unit property that I want to make an offer on. I have now managed to confuse myself as to whether this is a good deal or not as the monthly expenses I calculated using the BP calculator are...