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Hey BP,
Wanted to share the deal I am currently looking into purchasing and get your thoughts!This is an 8 unit apartment building in a small midwestern town. The property was built in 1992, and each unit is about ...
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Exit Cap Rate – Most people are already familiar with this but it is super important. The sponsor derives their sale price with an exit cap rate (NOI / Exit Cap Rate = Sale Price). Many deals can look very ...
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Hey BP community,Long-time listener, first time caller. My wife and I are looking to get into the game by purchasing our first rental property. I've read the books and know that generally the most upside is created by...
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I am getting really close to closing some of my first deals in this new world of being a bird dog and I wanted to know if it was a Good idea or Bad idea to accept a check at the closing made payable to me or should it...
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Are mobile homes worth buying and flipping as well?
Local industrial property, zoned for self storage, is hard to come by to build or convert. Not to mention expensive. I have found some smaller buildings that could be converted to self storage but the catch is that ar...
What is a good way to tell your tenant no when they ask about painting the apartment themselves. There is no need for painting they just want a different color.
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Selling a single tenant commercial property to the tenant. The property is rented for $4k a month (with tenant responsible for all repairs/maintenance but I pay taxes/insurance), on a long term month to month deal, a...
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Closed on new construction home in March of '21. Initially assessed as vacation home, but thought I would be making it my primary home in '22. Changed secondary to primary, assessed at 4% tax rate in '22. Turns out I ...
Myself and a partner have a potential opportunity for a spec build, and I am trying to run numbers for the proposal. I am just hoping to get some feedback. Big picture is to buy an old house in a prestigious neighborh...