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I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
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Hey BP!I now have an 8 unit property under contract in North Carolina. This is my first commercial purchase and first multi-family. I would like to hear from the community any advice, tips, or lessons learned for th...
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Do you provide new shower curtains for your rentals During the make ready for a new tenant?
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HI all, just getting started, looking for first deal. I found a MHP locally FSBO, it is 34 units over 7 acres, city water, with septic tanks which owner claims to empty yearly. asking $800k, brings in $91k/year, accor...
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It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...
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I got myself ready, I read all the books, I opened an LLC, I set my criteria, I have a realtor. the only think I don’t have is a house! I’ve made several offers at asking price, even offered cash. All rejected. First ...
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Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...
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Any help, tips, or any other comments on the below would be greatly appreciated!I have a few family members that are willing to give me a private money loan at 10%. I will pay 10% interest for each month their money i...
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Can someone explain the risks of purchasing a home in a flood zone? I am working on a condo deal (8 units) that cash flows two thousand dollars after all expenses are paid. I received the appraisal yesterday and it in...
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I've been meaning to make a post like this for a while, but haven't gotten around to it until now. I joined BP in the fall of 2016, after having started reading about real estate some that summer. I listened to hund...