Michael Ouvrard
From 0-4 Houses in 3 Months!
It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
Bill Gulley
Sandy Hook
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
Max Ball
Opportunity Zones - Yay or Nay?
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
James Carlson
Hot take: Personal booking websites for your STR are overrated
Headline says it: The recent emphasis on creating direct-booking sites for your STRs and MTRs is overrated. Prove me wrong.Work/money not offset by savingsThe amount of work -- and money -- to build a site and do prop...
Willis Seng
70% drop in first time buyers
I was reading USA today and I read that there was a 70% drop in first time buyers. They said that less people are buying and more people are moving in with friends and family. According to this statistic, prices are...
Chris Cusiter
Commercial loan origination fees
I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...
Jose Hooker
Self Directed IRA questions
I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
James Rodenberg
Self Manage or Hire PM?
Morning everyone!
I haven't posted in a few days so I figured I'd jump in here and get a discussion started. I have a goal to post at least once a week to get to know you guys as well as make sure I'm consistently le...
Mehran K.
Recent SFH Deal Numbers/Reflections
Hey guys, just wanted to share some numbers of a recent deal I've had in the works for a few months. I came across this one via a property manager (non-BP member) that oversaw the rehab project as well. I se...
Hamid Taba
Buying an income property in Kansas City
Hello, I have been searching through for income properties in Kansas City. The numbers are pretty good but since I am from California, I was wandering if anyone has any knowledge about different neighborhoods there. I...