Patrick D.
Mixed Property - Restaurant/Residential to Purchase and Divide
Hello BP Community,
I am in the food business and have been for a while now. Being a successful restaurant/deli owner I am trying to increase my net worth and begin investing in real estate.
Here is the lowdown on a...
Cole VerBruggen
My First house turned into a rental property
Investment Info:
Single-family residence buy & hold investment in Minot.
Purchase price: $184,000
Cash invested: $2,400
I bought this house as my primary residence and never intended on buying pr...
Jay Helms
Insurance on Duplex...where did I go wrong?
I'm under contract for a duplex in Gulf Breeze and shopped around for insurance. After obtaining several quotes from brokers, I sat on them until we had a close date established. Long story short, our closing was dela...
Serge S.
Fannie, Freddie Tighten Rules for Condos in Vacation Locales Move
Caught this in the back of page of the WSJ. This will have some real impact on those of us in the vacation rental space. Specifically, due to the pressure from city, state and local associations, the VR model is a...
Matthew Wright
How to split equity and when partnering on a deal
When you have a substantial apartment deal underway and you need to bring in an investor to cover the 20% down payment, and they sign as guarantor of the non recourse loan along with you, what do you typically agree o...
James Pennington
How to structure a rental deal for a cash investor return?
What is the structure for a cash investor on a rental deal for me to get the return on thier investment?
George Flevotomos
Share your expense reduction know-how
As real estate investors we are always on the lookout for opportunities to improve our NOI and increase asset value. At the same time, tenants are increasingly paying attention to the total cost of ownership, includin...
Pandu Chimata
Condominiums in Palm Desert
I recently visited Palm Springs, Cat City, Pam Desert and La Qunita to scout for investment properties. I saw quite a few potential investment properties. I like Palm Desert in related to all other cities though every...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Mark Christensen
7 Plex in Utah.. financing
I have a 7 plex in Utah under contract and in the process of rehab.. should be done by Jan 1st.. THEN I need to finance it as currently it is owner finance and my rehab money.. what is the best financing and where? I ...