Alvin Grier
How to Approach Family/Friends for Private Money
I understand that it's mostly about the mindset, ie, you want to "present them with an opportunity" vs "ask for money," however I was looking for a little guidance on what to say to initially bring up the opportuni...
Anthoy James
Sent out a bunch of letters to absentees, what do you guys think?
So I sent out 1270 letters to absentees last week. I got 60 calls for a response rate of 4.7%.
To be honest, out of all these calls I only went out to see 2 of the owners, and made a few offers over the phone (mostly...
Charlie Anne
What improvements are profitable for rentals?
How do you evaluate what improvements are profitable for rental units?Assuming everything is repainted & clean, what is a good framework to understand the impact of:-new kitchen countertops -bathroom updates-lands...
Alex Bekeza
the MUST HAVE app? Whats the biggest game changer?
Every article you read about real estate investing trends makes some mention to emerging technology and its potential impact for REI. So my question for the BP community is this. If there was ONE app every real esta...
Shal Patel
Found out AC is not working after I bought home
After buying rental property I found that AC is not working at all. When I did inspection it was working fine. I am not planning to keep house more than 2 years. AC is not fixable. What should I do? Try to find cheape...
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
Hey everyone,
My name is Hadar Cohen, and I'm a new foreign real estate investor.I recently received a loan of $120,000 in my home country at a 6% interest rate, giving me the full amount needed to purchase a propert...
Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Kamran Rahman
Converting house hacked rental into a proper rental
Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...
Tara Piantanida-Kelly
Sell or lease option? Seller finance? Something else?
What advice would you give? My sister and her husband are in the enviable position of being able to retire early, move onto their sailboat, and float around the Caribbean until they choose to do something else. Or...
Mir Ali
I own 2 homes and would like advice on investment options
Hi everyone! I recently joined and have been reading and doing some research on this site.FYI, I work in construction so I have home repair experience. We own 2 houses in New Jersey under my wife's name as my credit w...