Adam Bartomeo
Negative Impact for Vacation Rentals Florida Law Makers Pass SB 280
For those of you that know or follow me you know that I am not a fan of vacation rentals in the state of Florida for a multitude of reasons. I have owned Vacation Rentals and my company managed about 20 and the experi...
Adam Frantz
Southwest Drought concerns
I keep hearing folks talking about hot markets in CA, AZ, and Las Vegas. I left CA about 10 years ago due to concerns about water. I am confused though why many of these areas are on the brink of having water shut off...
Florence Lecuyer
2% rule in California
Hi, I'm new in Real Estate, so I'm interested in your advice. I would like to invest in Real Estate in a "buy and hold" property, with long term gain objectives (I don't have much time to manage it, so can't flip hous...
Norris Frazier
Closing on 1st Investment property on the 31st
Bought it @ 15% discount but the foundation, plumbing, and Roof need help: after repair ARV is 15K profit. Plan to Buy-N-Hold, & let it appreciate.But as a new investor even with Great Credit Hard $ Interest 13.49...
Juan Pablo Murillo
How Many Deals Before First Syndication?
Hello BPers,For those of you who have become syndicators, I'm assuming at some point you started as an independent investor. How many personal deals did you do before your first syndication? Did you rely mostly on fam...
Eric McCarty
Getting a loan for BRRRR Method
Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
Ben Leybovich
Conversion of Hotel to Apartments - who did it?
I took a week off to satisfy Patrisha's desire to remodel our house (see the pictures here). But, a deal came across my desk. This is a 50+ room hospitality asset. It can be bought at rather low per door basis, even a...
Michael Noto
Running Diary of a 2-Family Flip in Plainville, Connecticut
@Bill Labrecque and I are working on a 2-family flip in Plainville, CT. The property closed in the beginning of February. We have been meaning to post this for a while.Here are some of the key numbersPurchase pric...
Peter Hans
anything wrong w/ RE that's breakeven cashflowing?
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
Juan Difot
House is not selling, Advise Please!
Hi,
Hope you are all doing well. I am posting on this forum for advise on marketing / selling a current real estate deal.
My partner and I recently bought a fix and flip property in Dallas, TX. We purchased it as o...