Charles Barr
Buying a small hotel/motel in South Florida as 1st property
Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...
Ryan Edwards
Obtaining a CO on a 23% CAP 8 unit we are wanting to buy
I'm new to this forum thing so bare with me please.
We have an excellent opportunity on an 8 plex we are probably going to buy. We already have it locked down with an offer, pending the inspection report we g...
Gerald W mcgee
Could wholesaling become extinct?
OK to start out with we all know that wholesaling is one of the easiest and less risky part of investing and that's why most beginners start here. Just the other day i over heard some news from CNN,Forbes,Wall street ...
Kevin C.
I suppose it could be worse....
OK, here are the numbers for a SFR I purchased prior to knowing about BP. Numbers are bad, really really bad, but I'm wiser now, a lot wiser thanks to BP, and my next deal will be much better than this one was.
Pur...
Ben H.
Thinking about selling my Frisco Texas rental
Hello All
It has been awhile since I have last posted. I have been taking my real estate classes and slated to take the state exam in January. The driver for me taking the courses is to educate myself about the busi...
Michelle Caines
Property values depreciate??
Hi BP,I've been looking at potential rental properties with no particular location in mind and came across homes in Danbury CT. According to Zillow, a great amount of homes here that are in the $200-300k price range h...
Dominique Williams
Sell? Hold? Refinance? What to do w/ primary?
Hello, This is my first post, and I’m looking for some insight in to what others would do in my current situation.I bought a townhome in Aurora, Colorado using a first time homebuyer loan program in 2016 as a primary ...
David Kuhlke
What's a good cap rate for an 11 unit apartment in the Midwest?
Hello BP,I'm looking at a deal, and I need help determining what qualifies as a "good" cap rate for small apartments in the Midwest.Here are the details:11 unit apartmentAsking price: $1.4 millionMonthly rent total: $...
Troy Fisher
Google Expansion in South Lake Union
Well, any hope of Seattle Prices Slowing down any time soon seem to be evaporating as the tech market continues to heat up!http://www.seattletimes.com/business/technology/google-plans-big-expansion-to-south-lake-union/
Layne R.
I’m New to This and My Cash flow Estimate Seems to Good.
As I’ve said, I’m brand new to actually making a deal, I’ve read some posts, listened to podcasts, and thought I had a good handle on running the numbers. But some of these properties seem to good to be true, and as t...