Sean Brennan
Joining the 1%
I've seen it written that 99% of people that come on here and claim they are going to try wholesaling do not do one deal. Not the best of odds. I'd like to think I have a few things going for me that will increase t...
Peter Tverdov
What property management fees do you see on small multifamily?
I'm interested in comparing fees with other areas of the country when it comes to the management of smaller multi-family units (anywhere from 5-50 units). What type of fees are you guys getting for the buildings you o...
Emily Lowe
Where to invest in Massachusetts in 2020?
Hi everyone! I'm really new to real estate (and BP), but have saved up enough to hopefully make my first purchase by the end of this year. I was wondering if anyone else is thinking of doing the same, and what type of...
Keaton M.
First Renovation: Am I Overdoing It?
My wife and I have been working on the first unit renovation of a fourplex in a B-ish class area. There is a lot of development around and we definitely are producing a unit much higher than the typical in our area, b...
Alma Mills
Suggested private money interest rates?
What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
Randy Bates
Being a Landlord with the pandemic
I'm a newbie with BP and I would want to own properties, but because of the pandemic, it makes me wonder how tuff it will be to find and really screen potential tenants. Anyone has thoughts on this, please let me kno...
Dassi Lazar
Tenants + Holidays = ?
Are you doing anything for your tenants over the holidays? Any gifts? Holiday card? Etc... Or nothing
Ryan Cleary
$3,300 to paint 1,500 sqft? (Ohio)
Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
Anders Jax
What is a standard waterfall structure payback(LP paid first etc)
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Morgan I Levy
REAL ESTATE NEWBIE ADVICE!
Hi everyone! My name is Morgan Levy and I am seeking advice on how to begin my real estate investment journey. I have read several books, listened to audios, met with agents so I have a basic understanding of the stra...