What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented),  if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...

Was watering some new trees we had transplanted into the dark about 8PM.  Sitting there got a call from someone in either Virginia or Tennessee.  Will you sell your location at xxxxxx?  Thanks for calling but not inte...

I sent a YL to a house built around the turn of the last century that was the orginal farmhouse that is now surrounded by duplexes, one of which has been townhoused. The lot size is 32,000 feet and and extends from o...

Hi all,

For the past 6 months I've been looking for 20-30 apartment units to purchase, but have been having a hard time finding deals that make sense. They're selling at 8 caps stabilized with not much value add oppo...

We listed our townhome in Woodbridge, VA (South of DC) and have about 35 interested people wanting to see the property. I set up around 10 individual appointments, but for the more recent inquiries I am offering 2 tim...

When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...

Why would an investor buy your stabilized asset say at a 7% cap if there is no room for upside because you already squeezed the value out of the original deal?  Inquiring minds want to know!

I was wondering How much the average wholesaler spends on direct mail monthly? I heard alot about the yellow letter. I am about to do a mail drop.From what I read I am looking at yellow letters and bandit signs to fli...

Hello BP,Just wondering how many times can I house hack multi family properties? When will a bank stop giving me loan for OOC property? Please share your experience. I already have a establish relationship with my ban...