A real estate investor I’ve known for many years specializes in ‘fix and flip’ investment properties. He will find the “dog house” in a neighborhood, transform it into a “cute house,” then resell it within 6 months or...
I have an assignment. I have a contract for $7500. The house is selling for $250k. However, I forgot to add my fee to the price. I also have to split my fee with realtor.2 questions. 1. How can I get paid?2. Since it ...
Hey @Bob Beach and @Xiao Xiao here is the post I promised. I am happy to talk more about any of this at any time. I am traveling at the moment though so you can also fee free to reach out to Ken Klingler or Jack Inm...
About 20 months ago, I bought a turnkey property in a C class neighborhood in St. Louis, MO. Despite it appraising for the purchase price, I likely overpaid. In September 2023, the renter stopped paying, leading to ev...
I'm a novice investor and purchased a short-term rental property in a pandemic boom town in 2022 that is losing money and I'm debating to sell it for a loss, or holding onto it while continuing to accrue negative cash...
Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...
What scenarios lead to a LP investor losing their entire investment in a MF syndication? I've only heard stories of investments under-performing. Any examples of how you or someone you know of lost money would be help...
As an investor, property manager, and Realtor focused on selling investment properties I have seen most new investors make the same mistakes. Many times they come to us for help on the property management side and we...
As someone who has worn both hats as a GP and a LP - here is a statistic which to date has had 100% accuracy in determining if the investment will not end up successful.What is it?Having Audited financials completed o...
Hello, BP family!In a little bit of a dilemma. Do I lose a good tenant or lose money due to rehab? Here is my issue: I have a duplex I purchased earlier this year, that I am house hacking. When I purchased the propert...