Neil Anthony
What to do w/ a $175k HELOC - Starting Out
Hi all,I'm in the SF Bay Area and looking to do some investments possibly out of state with a turnkey company. I have no cash readily available; however, I have a $175k HELOC available to me from the equity form my pr...
Kenneth Jackson
OUT OF STATE INVESTOR LOOKING AT THE MEMPHIS AREA
Hi BP members. I'm looking to get started in SFR investing and I've been in contact with a turnkey provider who showed me a 3/1 SFR in the Memphis area. I have already sent a contract to deed along with earnest money ...
John Sherron
Sounds like a great deal, maybe!
Hey BPer's! Question?
I found a fsbo, that is looking to sell 3 of there single family homes. The numbers are looking good so far but not quite enough information yet to know for sure.
They tell me they are selling...
Laura Thorne
1st proprety: duplex or go big?
My husband and I are looking to purchase our first rental property, with the intention of acquiring more and more units over the next 30 years. We have enough money (currently invested but not making much and we have...
Julie McCoy
5-Plex in Florida Analysis & Input
Hey all! I may have stumbled across a deal in my hometown in Florida this holiday season and am interested in this group's thoughts. My background: I currently own two STRs that I manage long-distance, and am intere...
William M.
NNN Lease Debt Assumption - Here's the details and questions
Property Details:Purchase Price: $9,500,000 Annual Rent: $498,804 Cap Rate: 5.25% Lease Expiration: 2/28/2038 Lease Type: NNN Year Built: 2013 Options: 10, 5-yearGross Leasable Area: 14,534 SFBuilding Class: BLot Size...
Phillip Dougher
Why aren't people interested in apartment buildings Detroit
My partner (he's a finance guy) ran the numbers on some of the city owned apartment complexes up for sale. From both of our stand points, the numbers make sense. These buildings are burned out, filled with trash, an...
Lawrence Adair
Owner Finance Purchase
Hello, I’m going to be purchasing my first owner finance deal this year in San Antonio. Can anyone offer some insight or good practices to do when purchasing. Also I’m having trouble of thinking about the highest and ...
Account Closed
Pitfalls of investing in MHP
Hi everyone,I am new to MHP investing and I'm looking at MHP in Lakeland, FL to start investing in. I need your help as I am still in the learning phase.There is a list of my questions:1. What should I check buying MH...
Maurice Smith
Texas vs north carolina?
looking to invest into my next multi family deal. Majority of my portfolio is in the west coast. I have been doing some research on both texas (parts of west texas like lubbock area / sub markets around dfw area ) an...