Jonathan Jewell
HELP! JV financing, partnership or just plain crazy. You decide
Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
Christopher Malone
Journal of a New Investor
Hello BP!Allow me to reintroduce myself. My name is Christopher Malone, and I am a new investor in Chicago, IL. I have been a member of BP for a few months now, and from the time I made my first post, I have learned a...
Account Closed
Best method to invest in properties
First some background.My dad invests in properties, but does not like to carry loans on them. He currently owns 10 properties out right in Nevada, including his own home. As rent comes in, he keeps it invested in bond...
Account Closed
Do I need a CPA? ANSWER INSIDE
As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate. It's at this juncture where you likely have around 20-40k saved up, an...
Dexter Stewart
Buying First Multi-Family Home
Hi there BP, I am looking to get into the REI world by building a portfolio of rental properties. I have done quite a bit of homework on this topic and it seems to me the best way to get started is with a multi-family...
Mindy Jensen
What do you budget for reserves and CapEx?
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
Joseph Barbaretta
How much to give a GC upfront?
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
Michael Pilarski
Just starting out... how do you handle spouses fears?
Hi Everyone,
I've been interested in real estate investing for a while now. It's taken a long time to get my credit straight and debts paid down. I'm still working on build cash reserves for down payments etc. (ver...
Marc C.
Why are we doing this again (investing in single MF properties)?
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
Billy Guyette
Syndication/Partnership
I have a high net worth individual that is willing to invest with me and I'm not sure how to structure the partnership. Along with some property holdings, I have a construction/property management company. We would b...