Jonathan Michael Hunn
Newbie Agent / Newbie Investor looking for advice on both.
Good Day BP Fam,So this is my first post, so I'll give some background. I'm active duty military, transitioning out to civilian life later this year. I'm in the final part of obtaining my agent license, about to sched...
Nicole Rogers
Syndicate or Four Plex
I have the opportunity to syndicate with a firm for $25k. The firm requires a minimum investment of 100k, but I have the opportunity to only invest $25k. The COC is 5-6%, target IRR is 12-16%, target ARR is 15-18%., l...
Jeffery Smith
My first deal? I think it just might be but I'm not sure with COV
Hey everyone Jeffery Smith here long time forum reader first time posting.
So I've never done a deal in Colorado Springs I moved here a few months ago and have been renting from a friend of mine however I've been int...
Eric P.
BRRRR ("fix and rent") in Hampton Roads
I'm curious if BRRRR ("fix & rent") works in the Virginia Beach / Norfolk / Chesapeake / Tidewater metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after ...
Mike Paquette
First time home buyer, 10k, little credit
I’m 18, haven’t been able to build up a lot of credit, I have over 10k I could put towards a house right now. But with little to no credit, I’m curious if there’s a way I could get involved with RE yet or if I should ...
Kenton C.
Avg cost to make unit rent ready?
Hi All,I am curious as to the average cost you guys will spend to make a unit rent ready, assuming normal wear and tear? I am nearing my first tenants lease, and have been speaking to my property management about the ...
Charlotte Moore
Hard Money Maybe
I will be purchasing my first wholesale property within the next 90 days. My credit is pretty good so I can get a conventional loan with a low interest rate, or get a hard money loan with a higher interest rate and fe...
Blake B.
Credit Scores! How much do you rely on information furnished by the Big 3?
Quick back story: I am helping a client find a new lease. Their current building is not renewing leases for whatever reason and so now my client who just gained citizenship last year and his wife, a victim of identity...
Manolo Tamayo Ramirez
Problems facing while starting out
Hello, I'm very excited about starting to invest into real estate. Last week I went to look at a Condo that need some repairs and that could leave some profits after all the repairs are done. Now I'm trying to find a ...
Ben Leybovich
Car Wash - does anyone own?
Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...