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Hello BP community. I am new to BP community. I was listening BP podcast actively since I got to know about BP community. This is huge ocean of very talented people. I am techie guy and have very little knowledge abou...
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Among other things, I am in the process of remodeling the laundry room in a 3 story, 39 unit property I purchased last year (25-2B & 14-1B = 64 Bedrooms). Currently, the building is set up with 3 laundry rooms, on...
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I want to hear from investors who only purchase turnkey/out of state properties. Id love to hear your success/failure stories. I love the idea and concept of out of state, turnkey, but I feel that the low cash flow do...
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Hi everyone,I am interested to know the reasons (pros/cons) for syndicating RE deals. I was running the numbers on a typical deal, and the GP usually makes anywhere between 5-10k depending on the Purchase price of 600...
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Hey everyone!I just purchased my 3rd single family rental property in Alabama (Out of State!) and the first 2 rentals are going great and the property manager is doing a great job, including fixing a few things for me...
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We are looking to diversify part of our portfolio and we are looking into some passive investing options in commercial real estate. There will be a 1031 exchange involved. What types of passive investing do you favor ...
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Hi everyone have read some blog posts but wondering if anyone has came across this subdivision scenario.I have a SFH that is valued around 325k. I have over 50% equity in the home currently. I am in process of subdivi...
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Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
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This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
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Hi folksIs landlord in their right to verify that voucher pays in the amount sufficient to cover the rent, before showing the property to a prospective tenant? Prior to covid, County Office of Housing instructed landl...