Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $142,000,000
Cash invested: $25,000
Syndication deal on a large multifamily apartment complex in the Phoenix area
15.5...
When buyers are stating what they want in a arv, I often see that they want to purchase at 70 - 80% of the arv price. What does that mean exactly they will buy at? how can you calculate this with purchase price?
What's a good price for home owners insurance?
Hello All,When applying for a small business credit card, what is recommended as far as Annual Business Revenue? Are you all just mutiplying rents by 12, or are you adding on top? I am assuming that this affects the...
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
A partner and I are purchasing and planning to quickly sell a condo. What would be a fair consession or agreement considering what we can each bring to the table?We were trying to keep it as close to 50/50 stakes as p...
I am planning to move to a developing country in 10-15 years to pursue a passion of mine in the medical field. However, I would like to make 200K/yr in passive income by the time I move abroad to be financially secure...
ok someone has just threw a monkey wrench in all that I have learned from BP. It's all about the numbers,,,, I hear this all the time. So I finally learn how to do the 70%, 65% rule and now I plan on putting an off...
I own 1 rental property that I bought 10 years ago. I let it sit and have been collecting rent on it... In the meantime, I had a family and am busy w/ my career. So then I started reading about the BRRR strategy and h...
I am a first time developer who is teaming up with my former employer who is a GC/Developer. We are building a total of 8 units. He wants duplexes to save money - slab, roof, etc. We have the land so space is not a...