James Wise
HELP!!! House under contract pipe burst $10,000+ DAMAGE!
HELP!!! House under contract & the pipes burst damage in excess of $10,000!I may have told a little white lie to get you to open this thread. I don't really need help. This situation has already happened to me, bu...
Michael Sarrail
Turnkey Properties overpriced?
Can of worms being opened? Yes, I know ... sorry. But I do have what I believe to be a legitimate question and hope to get some honest feedback.Now, I know there are lower cost options on buying rental properties. You...
Jason Dalka
Confused in Cleveland! Is gentrification a thing?
I've been back in Cleveland for about a month after spending 12 years in Chicago. I'm back here for a variety of reasons but a big one is to invest in small multi. What has me confused is that any "gentrification" hap...
Keith Hand
Park Owned Homes
I have some low-income apartment rentals and I am interested in getting into mobile home parks. I have a park under contract with a business partner who already owns a small park in our area. The park has 30 park-owne...
Russell Brazil
What Markets Are the Best & Worst Positioned For Coronavirus?
What markets do you think are in the best position? What markets do you think are in the worst position? Why?
Sandy S Harris
Vacancy & Cap Rates
Quick question BP'ers,
I'm spending lots of time analyzing properties these days, but I'm wondering where do I go to get the cap rate and vacancy rate on any given area? It isn't always given in a listing, along with...
Davey Wilde
Owner not providing asking price??
We currently use virtual assistants to screen calls from our marketing. Huge time saver for those that haven't done it yet! These leads are a combination of probate, driving for dollars, absentee, etc. The VA's seem t...
Jack W. Wong
out of state investing
Hey all,I live in NYC and is a beginner REI looking to do out of state investing in SFRs in the 100-140k range. What steps do I need to take in order to get started? should i contact a agent first then lender or anoth...
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
I just received an email this morning about Fund 2 with an update on first quarter performance. They had paused distributions in 2023. I calculated the overall DSCR to be 0.77.
1) I know Ashcroft's Fund 1 just had a ...
Rowan Klecker
What is Your Process When Analyzing Deals?
What kind of process do you go through when analyzing deals?
I've been practicing by analyzing 1 deal per day and I have a very general grasp on all the factors that must be taken into account and the process, but I ...