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I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
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Going to be honest here - I am not sure this is a great deal... Maybe a good deal, maybe an acceptable deal but not a great deal as it stands.If I decide to buy this - it will be my first investment property, my first...
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Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
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Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
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Hi everyone,
I'm looking to purchase my first investment property (apartment in condo building) in either Manhattan or Brooklyn. I am just wondering what kind of GRM i should expect in such a competitive market? I h...
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Hey guys my name is Kadijah I'm from Virginia beach, Va. I'm interested in flipping single family homes. I've been reading articles and books for the past few weeks and I have to admit I'm a little afraid and I keep f...
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Hey Everyone!BiggerPockets has been invaluable to my success as a real estate investor, so I just wanted to share what's possible with real estate if you set goals and follow through with your plan.A Little BackstoryI...
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So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
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Hello BP,
Wanted to get everyone’s opinion on what they would do in this situation. My current tenant said that the toilet is clogged again. Had it opened about 3-4 weeks ago and the reason was too much TP. I told hi...
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Hello,Need help with structuring a partnership and thought I'd finally reach out to the amazing folks at BP for help.I'm looking to partner with a developer who is looking for capital to fund some more projects. His r...