In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
I always see posts from investors asking about the cost of a rehab, a particular estimate or a general construction problem. I have 20 years of construction experience. From remodels, ground up, all the way to develop...
The past few weeks have left me very pessimistic. I'm feeling that the good times are very likely winding down for finding good deals in Chicago. Seems that lots of properties are overpriced and good deals are wrapped...
My backgroundI've been investing in SFRs in my local market since the 2009 crash. I started off pretty clueless but ended up with a few successful rental properties. If I got to do it over again, I would have been muc...
I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...
We started last year and bought our first 2 side by side Duplexes. We did not have enough money at that time to renovate them but they were occupied and they cash flowed about $20,000 a year. We bought the 2 of The...
This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...
Hi BP Family -
A property I'm interested in purchasing as a short term rental has an unsolved easement on it due to the neighbor having built their driveway 2 feet over their property line - into the one I'm consider...
Hello Everyone...I would like to get some insight/advice on my strategy.I've been doing some digging into lease option strategies lately. Recently Read Wendy Patton's book on Lease Option and Sub 2... Most of her ma...