Jake Andronico
Is 4 homes enough??
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...
Gary Sullivan
Brian Gibbons
A quick comment about Brian Gibbons, if I may.I have never met Brian but for the last several months I have been following his posts, along with posts from other people, on this blog. His posts have always been well t...
Lloyd Segal
Economic Update (June 15, 2020)
Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
Shanty Wu
Estimated development cost on 100~ units (800 sq ft each) and land cost?
I am working on developing a 60% Area Medium Income (AMI), all affordable for a residential building. I am sorting out the number of units. I contacted a handful of developers to get development and land costs. I foun...
Heather Morales
New Wholesaler in Texas
Hello Everyone,
I have considered getting into REI for some time now. After weighing all the options, I've decided to try wholesaling. I recently took a masterclass that gave a high level view of various REI options,...
Bryan Hancock
Why Do Investors Ignore Cash Sitting Idle In Their "Return" Calculations?
I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
Steve Wang
Delayed Financing to include renovation cost without seasoning
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
Anish Patel
Hoping to BRRRR. Thoughts on these GC Bids?
Hi everyone,I'm in contract for this property with a couple business partners. Inspection came fairly clean, but as you can see there is plenty of work to be done. I'm in the process of collecting bids from GCs, but t...
Sanjay Bhagat
Track record of Syndicate
1) Is there a syndicate/s in BP which has gone through all the 4 real estate life cycle (recovery, expansion, hyper-supply, and recession) ?
2) What is their track record of delivering what they promise to deliver i...
Mike G.
[Calc Review] Help me analyze this deal
Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the...