Hello to everybody on BP.Long time lurker, first time poster here. Like countless people I've seen here at BP, I am tired of sitting on the sidelines and ready to TAKE ACTION. The motivation you receive from reading s...
I've just started shopping around and running the numbers on multi family properties for sale around me. When I calculate cash flows the numbers I get are all over the place for very similar properties in the same are...
I'm trying to wrap my brain around this recent deal that went down in my area. I was thinking maybe this should be in the Investor Psychology forum but decided here since it was a flip/rehab property.Property specific...
Thought I'd share a lesson that was reinforced for me today that ended up saving me from doing a bad deal and losing a bunch of money.tl/dr: make sure that you're getting your own estimate from YOUR general contractor...
Hello BP,
My Name is Anthony Henry
I'm 52 years old, with over 15 years in the mortgage industry.
My experience covers retail as well as wholesale lending, my last 5-6 years I served as branch manager for nationwide w...
So Brandon Turner recommends making an offer once a week. We currently have put in one backup offer about two weeks ago and finally found another property we feel could be a good deal, however, the realtor we’re using...
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
Not according to this PLO official caught off guard making the following statement back in 1977:
From the Dutch newspaper Trouw publishe...
Hello everyone. I'm seeking advice on if this would be a logical way for me to start investing. I graduated college last May, started a job in January, and am hoping to buy my first multifamily in the next year. While...