I am purchasing a strip mall for in Ohio. FACTS:Roughly 10,000 sq ft 33 parking spacesvery busy road - great signage/visibilitysurrounding areas can be questionable (growing subsidized housing)3 long term tenants (su...
Hey BP! A quick background on me: I'm currently securing financing for my first deal which is a house hack in Baltimore City (I work and go to school here). Afterward, I want to begin my BRRRR investment strategy and ...
I am seeing a lot of posts in BP regarding DSCR loans, many based on newer investors not being able to qualify for more conventional loans.The number I see starts to give me pause as when we have a market downturn and...
I think our "mentor" might have "gotten over on us". Would anyone like to shed some light with typical wholeseller/assignment/referral fee? I have attached a copy of the final buyers statement, that included a fee to ...
THIS IS A PRETTY GOOD EXAMPLE.
An economics professor said he had never failed a single student before but had, once, failed an entire class. That class had insisted that socialism worked and that no one would be po...
My Mom has always has rental properties in the city of Grand Rapids growing up, I thought she had the craziest story when she told me that one of her properties one time my step-dad pulled up to it to check on it, and...
Ok. I’m green so forgive my ignorance but need help.
Got a Heloc on my primary for 115,000 at variable rate of 5% currently to buy my first few deals. The payment percentage is 1% a month that goes towards princip...
Hi Denver Landlords,With Denver's cost of living rapidly increasing and a lot of younger, more transient people moving into the city, I wanted to inquire regarding the thought of renting out a home by the room (separa...
I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy. The sunk cost fallacy occurs when we feel that we have invested too much to quit....
Hello, I'm considering investing in Cleveland Ohio as it seems the properties are cheap and will cashflow. I am located in PA and trying to learn what I can remotely and would really appreciate some feedback from tho...