Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
New to investing was wondering if going into debt to pay for a commercial real estate coach is a good idea? I have about half of the “tuition” in cash and the other half i can get using my credit cards is this smart o...
I just thought I would share because I'm pretty excited really!
Being rather intrigued with real estate since I was 20 or so I have finally acquired some property. Circa 2005-2006 I built a couple of spec houses and ...
Hi Everyone, This is my first post so we will see how it goes. I would like some thought and analysis of a deal I am looking at. The property is a 3 family in a mid size city in Ma. The seller is offering financing ...
Hi. I've been listening to the BP podcast for a couple years now and it's honestly a pretty good podcast even though after a while it gets a little repetitive. But I always enjoyed Brandon's energy and humbleness. I t...
Hello all, apologies if this question has been asked before but after searching through the forums for a while I found nothing to match my particular situation. We have recently sold our rental home to the renters. Th...
So in the vein of previous posts like The 90 day challenge and 1 year challenge I am faced with a 6 month challenge. The story goes as follows.
I have/had a w2 JOB. It's ok, I'm well paid and it provide...
I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...
Hello, I recently (May) signed a 6 month lease with a couple who straight up told me they have no pets, as I have a no pet policy. They are to move in Sept 4th. They called me yesterday, Aug 1, to tell me they have an...
Hello everyone, this is my first time posting on BP. A little about me, I have been investing in RE for about 11-12 years now. I have 22 rental units, mix of SFH and multis. I have done a bunch of flip properties.I...