Amity Word
Just get started or focus on the ROI goal?
IN YOUR EXPERT OPINION, IS JUST GETTING STARTED WITH YOUR PORTFOLIO MORE IMPORTANT THAN MEETING YOUR MINIMAL ROI GOAL IN THE BEGINNING???
I'm a new investor looking to purchase my first investment property as a sho...
Account Closed
Help! Good cash flow numbers but in lower class ghetto area
title says it all i have a fourplex under contract and upon seeing the location was not thrilled to see that it was in kindof a ghetto area and kinda run down. However the numbers and cashflow are very good. The alrea...
Brian Wall
Just finished a rehab, Not an REO, Not a SS, In Los Angeles
Hey BP Nation!
It has been too long since I posted about one of my deals, but I just finished rehabbing the property (it is listed for sale now) and it was NOT an REO and NOT a short sale. I found by direct market...
Connor Vanin
Cash Flow Requirements- Pennsylvania
Hi AllI am close to purchasing a duplex just outside the Lehigh Valley, in Pennsburg. I have everything worked out on the spreadsheet, and I would be looking at a average monthly cash flow of $150, after mortgage, exp...
Ken M.
Creative Financing and Some Things To Know
Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
Dan Gandee
My "Cash For Keys" Strategy For Dealing With 100's of Stubborn Tenants/Squatters/Fam
I'm not the first to talk about this strategy and won't be the last so feel free to chime in here. Over the past decade of deploying a very successful BRRR model across the Pacific Northwest, I've been able to perfect...
Steve S.
How to buy a homestead property and avoiding jumbo loan rates?
I'm having a home built that I will live in. After I put my 20% down, the loan is about $449,000. This is, of course, higher than the $429,000 threshold for a jumbo loan.What are the best options here to try to avoi...
Jin Lee
Need help with rental process for multiple tenants
Hi guys,How do you go about screening financials for multiple tenants trying to rent (share) one house? - Does every person need to meet the required rent to income ratio, or can one tenant cover for another given tha...
Adam Hurst
Partnership Questions and Examples
I have been approached by 2 passive investors who want to merely put capital into real estate deals. I will be seeking the deals, securing the financing, managing the projects and managing the properties. I would like...
Marek Berry
What Would You Charge?
I'm seeking input on what the BP community thinks is a fair fee for my role in finding investment for a land-development transaction.
- The seller owns about six empty lots in TX in a desirable city. He's sold five ...