Jon Krombein
Newbie: based analysis on current or potential leases?
Hey everyone, I’m a newbie and looking and some smaller multifamily deals (6-10units). So far what I’m finding are buildings that are leased at below market rent. My question, should I do my analysis based on getting ...
Israel Lopes
What to do with the equity
So my parents own a 2 unit property in l.a.
My father thinks he should pull out the equity before it gets lost in the recession. should he do it to fix the back unit is in horrible conditions.
Beliria Sims
Are you ready for the market shift?
Happy Monday BP Family!Whether we know it or not, like it or not, the market shift is coming! Sellers should be mindful of the 3 Ps to survive the impending shift. This is also good information for buyers as well. PRE...
Bryan Quinn
Long-Term Tenants vs Higher Rent
I looked at two duplexes (C Neighborhood). One of the duplexes has long-term tenants in place (years) but below market rate. If I were to buy, should I hang on to them assuming I can make some sort of profit or raise ...
Terry Royce
Purchasing w/an Option
If you have an option with a seller that you are trying to wholesale, can't your end buyer cut you out of the deal pretty easily? From what I have read and heard the seller can still actively market the property to o...
Tish Simmons
Fix and Flip or hold in Decatur, Ga 30032
I'm about to buy a house in the Peachcrest community for 115k for a 2/1 at 975 sq/ft. The av comps are anywhere between 150/210k. Because I'm new to this, was wondering if I should fix and flip, or hold. And if anyon...
Marcello Di Gerlando
When is it appropriate to ask for seller financing?
Hi all, long time BP member here, never posted on this forum. As concisely as I think I can make this post:My experience with real estate purchases has exclusively been cash purchases. However, an opportunity has pres...
Marcello Di Gerlando
I heard on the grape vine the seller is open to seller financing?
Hi all, long time BP member here, never posted on this forum.
As concisely as I think I can make this post:Q: When is it appropriate to bring up seller financing? at the initial offer or later in the process?
My ex...
Da Zhang
For-Sale Apartments Velocity?
Hi, what is the velocity people are seeing for for-sale apartment in NYC? Pretty slow? I'm not surprised given people are fleeing the city. Mine is in Queens, a 2B1B, on market for 6 weeks and still no offer. It's pri...
Aaron Akins
Any Boise folks' thoughts on this write-up?
https://fortune.com/2022/07/20...From the perspective of an investor, I'm thinking that selling my home in the Boise area now...then buying something less expensive (but hopefully equal to what I have now in terms of ...