Account Closed
How to remove smell and bugs from unit?
One of the units I recently closed on is in need of some touch up work. It is now vacant, but the previous tenants lived there for over a decade and had no concept of personal hygiene. I don't think they ever bother...
Ryan Fatula
Listing a Rehab during the holidays
Hey guys I just wanted to get your opinions and experiences pertaining to listing your rehabs during the holiday season. I just listed our latest rehabbed property about 11 days ago, and I've had several showings and...
Christopher Hand
Looking at where to start.....Priced out of local Market
Hello Everyone,Backstory:My wife and I up until recently have been buying and renovating homes and then selling after 2 years or so to avoide paying taxes on the gains. Well it looks like this last reno will be the l...
Mark Byrge
Commercial loan refi at term end
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Bryan Hancock
Negotiating Loan Covenants In Commercial Loan Documents - Nervous Lender Clauses, Etc.
We're in the process of negotiating more favorable terms on large guidance lines of credit for spec projects in Austin, TX. I was hoping some of our experienced lenders or developers could share their wisdom with how...
Derrick R.
First Lead, options
Alright BPers, what would you do with this lead?I started a Facebook campaign just last night and got a phone call about a property in an area where we are looking at doing rehabs. The owner is living there currently ...
Michael Doherty
How we purchased a 5 unit building with none of our own money!
Hey BP Community, my partner and I wanted to share our story about how we bought a 5 unit building with none of our own money. This is a long post, but well worth the read if you’re looking for a little inspiration or...
Steven Harrington
MFH East Providence
So I was reaching out to see if anyone had any insight on investing in the East Providence area, specifically in MFH. I'm from Plymouth, but it seems here that MFH homes are so expensive, its nearly impossible to find...
Hayden Wright
What did you do to avoide analysis paralysis?
This question has three parts:1. How long did it take you to acquire your first property after beginning your education phase? 2. What gave you the confidence to pull the trigger?3. How would you recommend newbies sho...
Matt Schreiber
North Myrtle Beach STR
I've been noticing a lot of inventory for beachfront condos in Myrtle Beach and North Myrtle Beach. It also seems like a lot of the condos sit on the market for 3 months or more. Just curious if anyone is doing STR's ...