Stephen Resch
Syndication Exit Strategy -- "Sell" Asset to Yourself>
Hello BP Community! Active Duty Army Engineer about to retire after 22 year of service. Pursuing REI fulltime now, about to close our first syndication -- 41-unit Senior apartment complex in Iowa, PP $3.7M, raised $80...
Jimmy S.
How much do you have to spend to buy a rental property in your area?
I though this would be a interesting topic since people are from all over the world here.What the average cost you need to spend in your area to get a decent rental property that is turn key or if you need to rehab it...
Canesha Edwards
84 Unit Complex- How would you structure the deal?
Good morning all,I have a unique opportunity with an 84 unit complex in Atlanta. I received a call from one of owners of the complex. The group has owned the complex for 20+ years, and while they aren’t in a hurry to...
Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Tecsia Evans
Sell or rent investment property?
I have a new construction home that my husband and I built in 2020. We are trying to decide if we should sell or rent. If we sell after living in it for 2 years we would make about a $800k return ($400k of this amount...
Amal Bhatnagar
Connecting with Landlords who Hired Property Managers
Hi All,I'd love to connect with landlords who previously hired property managers. Specifically, I'd like to understand what the hardest parts of finding a good property manager was and why you decided to go with a pro...
David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Brad Smith
Leave old wiring as it is for the time being
Just bought an older house and have explored rewiring. As was mentioned in another thread, I'm thinking about waiting until winter time to get bids on the work because everyone seems to be swamped in my area (San Mar...
Account Closed
Is Cash Flow King? Price to Rent and 1% in different OOS markets.
Over the past year, I've been educating myself so as to get my investing start, most like with single family buy and hold. I live in San Diego county, so I've tended to focus on starting OOS. Initially, I was looking ...
Chris Seveney
Creative Financing = Over Leveraged
So this may stir the pot, but i am seeing a ton of posts on BP about "creative financing". While yes there are creative ways to structure financing deals. When it comes to seller financing in many of the cases the bor...