Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...
I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
Hello BP!! I'm a newer agent, and a lot of my clients are curious to see what the market will look like throughout the year. I give them my insight, but would like to know how other people are answering any of these q...
Hi im a new investor looking to get into the multifamily rental cashoflow game. Im wondering which parts of the state offer the best cashflow in relation to price, taxes, clients, etc.I live in New Britain and am a fi...
So we are in closing on a property in Fairview, NC just east of Asheville. I wanted to discuss our ideas for the property as an STR and get some feedback and maybe a few other ideas. I have checked AirDna data and the...
Hi all! I am new to this forum and I am a new landlord. I am a college student in California. My aunt bought a condo in CA. She said I could live there for free, and asks me to rent out one room. So I posted my ad on ...
A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
Has anyone invested with the Ian Djuric at the Blake Capital Group (https://blakecapitalgroup.com/) formerly Djuric Family Office (http://djuricfamilyoffice.com/)? If so, what experience have you had?Thanks!