Has due diligence as a service made its way to the realm of multifamily? I see this in the financial and information security space, but wonder if it has hit real estate. I don't have a need at this point, but I'm j...
I looked at a property that is a bank forclosure asking price $116k. I wanted to make an offer full price with financing . I was told by my agent,that" the property has muliple cash offers, the selling bank was goin...
Currently own 11 condos in South Chicago in a 35 unit complex. Am only allowed to rent 7 of my 11 units.(HOA restriction) Have 4 units that need rehab but I'm hesitate to do so as I can't rent nor easily sell anymore...
Has anyone participated in the Brandon Turner's BetterLife Tribe program? Looking for success stories or other experiences , positive or negative, range of costs, etc. I cannot find any reviews on BP or other sites. T...
Hello everyone,
My name is Themis Kosmidis and I have recently moved to the Cleveland area. I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up...
What cap rate do you aim for in this market? Is there a cap rate that is too low for you to consider i.e nothing below a 4?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $25,000
Sale price: $125,000
BRRRR:
One (1) 3bed/1bath & one (1) 1bed/1bath d...
Many on BP feel that real estate investing has more pros than Note investing due to many factors including equity. I totally understand that.From the perspective of liability and risk, which would you say has less ris...
If seller asks for earnest money to be placed into an escrow account for wholesale deal, can't I have my buyer pay that? If so, how? Thanks!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $240,000
Cash invested: $70,000
We purchased this under performing asset from an estate. The children had no...