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Checking out this one 29 unit apartment building now and spoke with the current PM who mentioned that:Most tenants are on government assistanceBuilding is old but condition is fairGreat cash flow. Converted hospital t...
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Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
Hello, I am interested in how you form an REIT that can be traded on the NYSE? From what I've read you need to start an LLC for the initial property that you purchase, then you need to get 100 investors.
I would love...
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Seems I'm seeing more and more local news about new construction of subsidized low income housing projects and the reaction by those who say "not in my neighborhood."
Usually, the red tape associated with these proje...
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Hi everyone! What are your SCALABLE STRATEGIES for repeat real estate investing without renovations? ex. only buying condos or ready to rent homes.Do any of you have recommendations on SCALABLE STRATEGIES for repeat r...
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It was either an epiphany, or a hard blow to the head, but I realized that in order to really do what I want to do it seems like it will require me to get my RE license. I have interest in MHP's, but that is not the d...
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Anyone using BP ever noticed the SPCA solicitations on T.V. requesting contributions to help provide Food and Shelter for Animals? Don't get me wrong, I like Dogs and Cats and think to many of them are abused and neg...
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This has doubtlessly been covered all over the place, but most of the posts I've read on alternative financing apply to different situations than mine. Though my credit rating is good, I don't meet the income requirem...
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BP - My reasons behind writing this post are to track my own progress, get other peoples best practices, and give updates along the way so we can all learn.I am doing my first direct mail campaign focused on self stor...
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hi bp community, my contractor and I inspected a 10 units building in PA last week. The cap rate is pretty good slightly higher than 10 % and the disadvantages(In my opinion) its 1902 year old building and it runs sep...