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Hey all, I just got the inspection back on a property I was looking to buy. The top issues include: - P trap improperly plumbed in bathroom- Moisture stain in one of the bedrooms- Double taps in electrical panel - Fal...
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I've spent the last two years remodeling our 1912 craftsman bungalow home. This process has done two things. One, help me discover I love carpentry. Absolutely love it. I grew up a farm kid and have spent the last 10 ...
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Hey,
My goal with real estate is to net $5,000 a month from rental income in the next 10 years. I'm currently a real estate agent in the Philadelphia area and I also do flips. The pay is great but its basical...
Hello everyone,
I had some questions about networking at REIA meetings. I've been to five of my local REIA meetings since last Fall and I have yet to meet anyone who is willing to give me the time of day besi...
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Hello BP community! Hoping you guys had a great new years, I wanted to make my first post of the new year and first post in general! My names Sebastien and I'm 24 years old looking to jump start my career into rei. I’...
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I am a 16 year old sophomore in high school. I want to get my real estate license at 18 and start working the business then. Over time I want accumulate a portfolio of 1,000s+ cash flowing multi family units. No matte...
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Hey BP, I have been looking into doing the SUB TO creative finance mentorship with Pace Morby and was wondering if anyone has completed it or knows anyone who has been apart of it. I have heard a lot of good things ab...
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I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
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When I learned about "wholesaling" a few years ago my first thought was, "Why would anyone give up a great deal for a few thousand bucks?"
Really great deals can be hard to find when you rehab-to...
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I have been saying this for awhile that the market is frothy and that IF you buy larger multifamily you better be using conservative underwriting numbers.Those placing money into properties with the prediction of abov...