Joseph Parker
Current deal just took a strange turn
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Alison Buckley
To 'hood or not to 'hood
Hi Everyone--
I am looking for some insight about investing in the hood aka rougher part of town, where properties are much less inexpensive - it would be nice to help contribute to these rough areas by making them l...
Brian Adams
From Buying a Duplex to Closing a HUGE Deal – 556 Unit Apartment
Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...
Kyle B.
Splitting Profits with Partner on Rehab
I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
Nettles Mason
Rent Price in relation to Option Fee
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
Brian Ellwood
The Real Reason Nobody Can Find Deals In 2020
50% of the new investors I talk to live somewhere that's not affordable as a rental market.
They want to invest but feel handcuffed by the high prices and competition around them.
I say "dude, you need to pick a n...
Ray Eason
Flipping a Contract
Hello and good day.I just got a home under contract and am wondering what is the next step.Do I let me Cash Buyers know I have the property under contract and start releasing the property address or do I contact my ti...
Victoria Coleman
Investing in multifamily properties in areas with bad winters
Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
Joe Fairless
Closed on 250 apartments in Houston, Texas yesterday! 2 Lessons Learned...
I'm proud to say that my group closed on a 250 unit yesterday. It's the second deal I've syndicated and both of them have been over 150 units (first one was 168). A couple syndication and multifamily lessons I've lear...
Nicholas Sheridan, Jr.
VICTORY! I finally did it
Just closed on my first SFH 2 weeks ago and I am AMPED to have finally defeated paralysis analysis and joined the club. Quitclaim deed has been initiated and the property is officially in the LLC's name. Let the fun b...