Jordan S.
Cash on Cash, IRR and the BP Calculators
Brandon Turner at BP mentions all the time that his metric for analyzing a property is that he wants 12% Cash on Cash and $100/unit cash flow....In trying the exercise of applying Brandon's requirements using the BP c...
Masroor Ahmed
First LOI
Hey BP folks - I'm a new investor and need some help getting over the challenge of getting deal number one.While there's a ton written about due diligence check lists / process, I'd like some advice on pre-LOI diligen...
Jayman Dalal
HB 1236 and impact on WA real estate
HB 1236 is being discussed in Senate soon. Here is a post on SeattleTimes summarizing the bill. Here are my thoughts on it. I wonder what other perspectives folks have? Does it make it harder to rent now?Pros- Puts mo...
John Walston
How to get FSBO under contract?
Happy New Year folks. I have a potential property that I would like to put under contract (first deal), and it's an FSBO home. I'm totally new to this and don't want to build rapport with the owner, without miscommuni...
Candi Perrotta
Turn Key Morris Invest
I am new and bought a property from morris invest in january. It is now july and have no rent. The first managment /rehab left me with a unfinished property and tennants that dont pay rent. I am all in and dont have t...
Benjamin D.
Can I draw from an existing HELOC before I sell? And a separate question about a lien
Hi, I have a lease ending on a rental property, and it's time to sell and buy in another location.The property has a mortgage, a HELOC, and also a 3rd lien where remaining equity was used as collateral for an unrelate...
Shak F.
Recommendations on renovation
Hello Charlotte BPs,I am new to investing and upgrading properties. I recently acquired a class B single family property it came with tenants. They will move out in mid April. It's okay condition for me to live there,...
Andrew Merritt
Buying Property w/ Window Units
I'm considering purchasing a small duplex that was built in 1964. It only has window units, no central air or anything. Do you guys usually shy away from this or is it not a big deal?
Felipe Burga
I'm going to inherit $200K. How can I invest it?
Hi,I'm about to inherit around $200k. How can I invest this money in real estate? Specially with complicated the market is at this time. I have been trying to simulate different scenarios by buying property with 20% d...
Jay Johnson
First Time Buyer/Investor
I need advice…I am buying my first investment property in May and will put it under a new business. I got laid off from my job and have been unemployed. However, I have savings and an inheritance I can use ,but I am ...