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All private money from 1 investor.
I get 10% equity plus 5% of monthly rents as manager.
Bought it bank owned for 79k. It is a 2 bd 1.5 bath in the fishtown neighborhood of philadelphia.
Rehab budget was 16k. ...
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Hello BP, Lets say you meet someone with $200 Million and they want to put it into real estate. How would you add value to this person? Which investment vehicle would you chose? (Single Family, Commercial, Etc.)Who wo...
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Candidate 1:Single guy, employed 4 years nearby, lots of connections in neighborhood, one cat. Pros: Looking to rent long-term/indefinitely, doesn't plan to move as he wants to be in this neighborhood. He has been a...
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I recently purchased a 6 unit apartment building and have completely gutted and remodeled the entire building with all the proper permits and inspections. Upon final inspection from the city, they stated that, per the...
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What can I do?My scores are in the very high fives, to low 600s. I am officially paying off the last of my collections this thursday, and then Ill be collections free, and I can be debt free in less than 6 months afte...
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I've learned a very expensive lesson: to get my list myself! I placed my first yellow letter campaign with 500 letters, sending out 100 per week. What I thought I was getting was an absentee owner's list for my county...
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My introduction to BiggerPockets has been long overdue. Originally, it was postponed due to my ignorance on the subject of real estate investing. Later, it was again postponed due to fear of appearing foolish for havi...
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Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
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I think we would all agree that personal finance is something that all of our youth should be taught, but it's not getting done on a consistent basis. In your opinion, whose job is it to teach teenagers (high school ...
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IF you do rehabs, how many HOURS do you OR YOUR CONTRACTOR typically spend at Home Depot, Lowes, your favorite building material supplier, etc etc?
Answer can be broken down into:
1. When project first starts OR aft...