I have a family member in Houston taking the "Daymond John and John Hopkins Success Formula". He is spending $26k. He is broke with bad credit, so I assume they financed him somehow... Not sure there.He is in it a cou...
Hey guys,I'm close to closing on a deal (tried to close Friday but this issue moved us to Wednesday) and have a question.The house in question is a single family rental with a tenant in place. Good payment history, sl...
The typical cap rate for MFP in North Carolina is around 10%. I was wondering if this were about the same across the US?
What types of rates are typical for private lenders in Central TX at this time?
I've been paying 2 points origination, and 10% interest (plus 895 doc fee) on every flip I complete with my hard money lender, which isn...
For those of you that have never refinanced, here are some of the benefits and how it works. I am bringing this up because the 10 year treasury is at an all time low - Today! Refinancing to a lower rate allows you t...
Regarding resales after the rehab is complete:I read somewhere that it was suggested to include a maximum of five weeks as the closing date in your agreement with the buyer (five weeks post the date the contract is si...
I'm somewhat new to the real estate world. I'm coming in from a background in private equity, where limited partners typically target a ~25% IRR. And that IRR is key to modelling when approaching investors with busine...
Hello, BP Fam! I hope you can share your stories of what you did daily when you first started really diving into real estate investing. I've been a reluctant landlord since 2014 on 2 SFH that were my primary residence...
Several of my central air units need a charge of refridgerant. It blows air, but the air is not cold. Last year a company was charging me about $300 per unit to recharge them. I thought it was rather high.How much ...
Several of my central air units are not blowing cold air. They are low on refridgerant. The company I've been using charges about $300+ to give the units a charge. That's about $100 in labor and $200-$250 in refrid...