Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...
Hey BP!Got a couple off-market deals I'm considering in Northern CA but I've got some "newbie" dilemmas going into them and it's this - these deals seem like great deals (like $50k-$100k less than what they are worth)...
Hello Bigger Pockets. This is my first post. I recently lost my job here in the Bay Area in CA. And I am at the very beginning of my exploration into passive income by investing in rentals. I have a house that I inher...
It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...
What's up BP Canada Family.Something some friends and I do that I've found really effective is to Mastermind regularly to keep everyone on-track, focused, and accountable towards their goals. Would love to hear everyo...
Hello BP Community. I wanted to share a recent experience I encountered in a wholesale transaction that fell apart on me in closing. I want to share this experience so that maybe from hearing this it can help to educa...
Why Most Single Family Property Managers Suck and What We Can Do About ItAccording to the 2014 U.S. Census, 43 million Americans are renters (35%). A large portion of these renters rent detached single family homes. ...