Adiel Gorel
Will COVID-19 Cause a Recession?
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
Austin Daniels
Lease Revision to Insurance Limits
Hello BP Forum, we are reaching out for opinions and suggestions. We recently closed on an absolute triple net property with a remaining lease term of 11 years (of 15). The lease contract stipulates that the tenant...
Kevin Lefeuvre
What will be the impact of the Coronavirus crisis on real estate?
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
Jon Zhou
Ashcroft capital: Additional 20% capital call
After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...
Mark Updegraff
Lease Renewals, how do you handle?
Hey Guys and Gals,
When renewal time comes up, I usually have the tenants resign a completely new lease agreement. Is there any way to legally have a 1 pager that reenacts the old lease for a new term?
Thanks m...
Brittany Olofsson
Pre approved for a lower amount, but putting down cash...
So I am a newbie investor. I am closing on my first SFH in 2 weeks. Another SFH with MIL has come on the market and I'm very interested. My lender has stated I am pre-approved for $180,000, however this property is $2...
Natalie Cloutier
Coronavirus: email to send to your tenants
I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Account Closed
Looking to Help Beginners ! (Investing , Financing, Managing)
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
Tommy Ray
Contrarian Investment play
Investment Info:
Large multi-family (5+ units) buy & hold investment in Clarksville.
Purchase price: $330,000
Cash invested: $1
Sale price: $550,000
This was a zero down deal. I did pledge a...