Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
Hello BPer’s, in my continuing effort to take actionable steps towards real estate investing I have started the 30 day analysis challenge (Analyze 30 properties in 30 days). Here are my basic parameters:Target Market...
Hey guys... Just curious about this... Let me know your thoughts.Thanks!Chris
I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
Finally got my first deal done!!! It was a hell of an experience, but I wanted to receive my first rent check before I posted my success story.Quick background on myself: I am 25, finance degree, work full-time, aspir...
Greetings all, As I am driving on my way to share knowledge with my current place of employment (that's all it is), I came across an interesting, creative RE idea which generates additional revenue when turned into a ...
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
You know how once you decide to go all in and start doing something it feels like everyone is doing it? Maybe it’s just because now I’m a part of this community and I’m completely absorbed and enamored by all of this,...
I used Josh's new file vault this evening to upload a beginner model for evaluating small apartment complexes. I would appreciate feedback if people want to take a look:
Pro Forma Template - Small Apartments
Hopefu...
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...