Hello,I have invested into a multifamily indication through syndication, as a limited partner.Our general partner lives in a different city. Whenever they travel to the city where the property is in, they are charging...
Good Morning BP Community,I'm looking for your experience and/or advice on borrowing money from family & friends. Although I don't have an opportunity to make an offer, I want to get money sourced ahead of when I...
House is in a B neighborhood in Atlanta area, purchase price is 370K. I thought I was overpaying a little, perhaps 5-10k. However, I see now it is closer to 25-35K overpayment. Worse, I wanted a house that was move in...
You can build a multifamily real estate portfolio without a ton of money, risk, or time. Cody Davis and Christian Osgood built their multimillion-dollar rental property portfolio in a matter of years, using strategies...
I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...
I am torn in how to start (not to be confused with analysis paralysis, well maybe a little) Input is welcome on these lines of thought:1. Should I seek the nicer areas of town to buy single family rentals and keep the...
Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
I am single and work a full-time job in the school system and have accepted the fact I'll never have the financial security I want if I continue to do what I'm doing...I'll be working till the day I die:( So I did som...
I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
Hey All,
A bit of a newbie here, but I came across a multifamily deal where the current investor is upside down in the mortgage. He purchased the property in 2004 for $95,000 and currently owes roughly $65,000. From ...