Hello everyone! I'm still very new at this. Well, new as in I think I would be considered stuck in the analysis paralysis stage for going on a decade now. I haven't done my first deal. Anyway, I've been using the cal...
Hey guys, I'm relatively new to the world of investing and real estate and, like most new people, am completely lost on where to start. I'm still a university student, so I'm just using this time to begin learning and...
I’m in the process of looking for a rental property in Oklahoma, and the lender I’m working with has a set price for the closing cost of my transaction. It doesn’t matter if the property cost $120,000 or $80,000. I ha...
We have a tenant that we are helping to improve their credit score, they have a credit card currently. The rent recording sites basic say if they a credit card then rent recording won’t help or is just a temporary he...
Hi Guys, I just want to say thanks to ALL who have helped me on my journey starting out in REI. I've been a bit discouraged before this post but I got re-motivated and got on so BP so here I am to explain that: I'm a ...
Hello BP,My name is Gentria Lenoir and I have finally built up some courage to introduce myself. I currently live in Los Angeles and own two single family properties in my area. Before I discovered BP the only thing I...
Hi everyone, I am trying to start my REI career and had questions regarding partnerships. I'm not sure if someone can share a partnership agreement they have or not but I am having a though time wrapping my head aroun...
Hey Everyone! There is something about Cap rates that is getting me confused and I'm hoping someone can help me wrap my head around the concept. Cap Rate = NOI/Property Value. Using this formula, if NOI goes up, and p...
Just starting my investing journey and am confused about the BP analysis tool. I am looking at mildly distressed properties in DFW area. My goal is MTR, but I am analyzing them under LTR parameters because that is my ...
Found an opportunity in Florida to buy a 3-acre lot with 6 mobile homes on it. My thought is to upgrade the mobile homes and raise the rest for some serious cashflow. This led me to think why not buy more 3 acre lots ...