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I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
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Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
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Hi BP colleaguesI am new to MFR and I am hesitant to venture in Class C/D neighborhouds and buildings for investment. As I have limited capital I have no choice but to look at Class C/D types for investment. I am not ...
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At some point in my life, I will be getting a huge inheritance. $10 million or more. How to use this in real estate? What provides the greatest returns? I know that even large firms make their greatest by purchasing v...
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I’ve heard some wholesalers doing the following:
- Submitting a comprehensive list of interior pictures, exterior pictures- Submitting pictures of all the things wrong, that needs fixing, or updating, with a descrip...
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Hey everyone!I'm currently in the process of purchasing my first property. This is a fully occupied 4 unit property in good condition. Each unit is a 2 bed 1 bath around 1,000 SQFT each. The current tenants are paying...
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I recently got into a lengthy discussion on another thread about wholesalers and whether they bring any value to the real estate industry or not. I am interested to see what everyone's experience has been with wholesa...
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I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
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I am getting started with realestate wholesailing in the Richmond, Va area. I have contacted many Realestate Attorney's in my area who have either:
A. Have no idea what I am talking about
B. Says what I am getting...
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Not meant to offend the property managers out there - I know the good ones exist. However, a common theme I've seen is how hard it is to find a good, reliable property manager that makes the money you spend on them wo...