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Goal: Own Commercial Real Estate - BE THE BEST AT IT - Go all in & Let Things Compound. MASTER ONE.
Challenge: Picking Asset/Strategy
I source off-market RE for SFRs (wholesaling). I'm really good at it. But I...
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-I have 100k in cash. After establishing a track record I may consider partnerships-I am familiar with NJ, Houston, and South Florida. alternatively I may do Charlotte or Raliegh, Dallas, Columbus, Minneapolis, or Nas...
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Hello Fellow BP Members,Anyone care to elaborate on their purchase experience through auction.com? My questions are regarding a successful bid and the turn time before full ownership, for foreclosure and bank owned. I...
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I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
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“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
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I just started diligencing a 200+ unit storage facility on the Nebraska / Iowa border. It's a fascinating rental model --> some wear & tear advantages since no live-in tenants compared to MFUs, but also some mg...
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We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...
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Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
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I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
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I am a note newbie who was reviewing a recently released tape of non-performing seconds. I noticed that with this tape, there was very few that were behind performing firsts and nearly half of them listed the first a...