Hey everyone, I’m new to BP this is my first post and really enjoying the awesome info on the forums. I’m in my mid 30s and ready to jump into real estate investing. We moved to the Seattle area almost 4 years ago and...
Tenant has a current lease agreement with seller and the rent is low at $600/month. We need to makeover each unit, spruce up the exterior, and increase rent to around $825 - $925. We technically wouldn't take possessi...
Hello all, I have partnered with another BP person in marketing for absentee owners throughout southern California. We have presumably used the successful techniques as suggested by the various gurus here in BP and el...
Hello all! I've been browsing the forums for a few weeks and learning lots, but I haven't found posts addressing this issue. I'd appreciate any/all input you folks can provide.We are about to close on a single family ...
What is your min Cap Rate requirement on a 20-30 unit residential?Also consider these units are NOT new and are in good maintained condition. Vacancy rate is 5%. Rents are just about maxed out. I use Cap Rates as a qu...
Greetings,
I'm new to real estate and I found my first deal on a duplex in the Houston Texas area. I was going to house hack using a VA loan. I visited the property and made a strong offer. A few days later my realt...
As I am a new investor, I was wondering the difference between doing a Grant Cardone style approach and constantly leveraging your debt so that it is always growing versus leveraging your debt to buy but than using ex...
I got an opportunity for (approx) a 50k personal loan from someone, their underwriters want to see a 680 FICO score and they will disregard income. I'm still building my credit at the moment so my score definitely isn...
In need of some expertise here. Thanks in advance.I have 6 rental units in NYC that I airbnb. Im also looking to buy a house for airbnb, likely in Tennessee or Georgia with an investing partner.Question:1) Should I f...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...