I had purchased this town home in April 2018, located in Havelock, NC. I previously posted about the purchase on the following forum link: https://www.biggerpockets.com/forums/522/topics/546300-first-investment-proper...
Hey all,So in running the numbers on MHPs online, I see plenty that have like 94 or 95% occupancy. But they still say there is "value add" by i filling say 7 homes or lots. If it's that simple, and the market is good,...
Hi BP! First time post.
Im looking for a little advice from some of you seasoned REIs regarding things I can be doing in preparation for this journey. First off, a little about my situation. I work in the entertainme...
Just something I never really understood is why people are compelled to buy apartment complex's? I've never really found a complex where the cap rate was over 6% and that seems really low even if you invest in rehabbi...
Hi BP,I’ve been looking into creative ways of raising private capital and through my research one possible option I landed on was to have a family member (my Mom) take out a HELOC on her primary residence (she has ~ 9...
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I have an opportunity to purchase a property that has a life estate occupant in place in the property. The property itself is reasonably priced, but I don’t have any experience with life estate occupants. What are the...
Hi All,I could really use your expertise to help me with my checklist for establishing a partnership with an out of state investor.We have an exciting opportunity on the table to rehab a single-family, do a cash out r...
Hi, I’m fairly new in the world of investment and I am wondering what you would do if you were in my shoes. I have (only) one rental property. It’s worth about $300K and I owe $100K on so that leaves us with about $20...
Received two calls back after sending letters to owners of distressed properties. Both were interested in talking about the opportunity but ‘still unsure’ of selling. When I followed up with a call 3 weeks after the i...