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Ok so for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rent...
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Hey BP, the other day I was listening to the bp podcast feat. Michael Quarles and he said something that really struck me. Something along the lines of," after giving my usual offer (low-ball offer that all wholesaler...
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For anyone whose interested I'm doing my first marketing campaign tomorrow. Nothing huge, but it's a start:Sending out 200 5 x 7 blue pastel envelopes with yellow letters, some handwritten in pencil and some using fon...
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Good Evening BP Community, First time poster here. I own a few single family rentals and feel comfortable identifying deals and making offers. Id like to get into multifamily but am struggling with analyzing them. I...
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I've been researching sandwich lease options for a little while now and they're pretty attractive, what with the multiple profit centers and whatnot.However, what I can't seem to find is details on what seller situati...
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Recently purchased my first two rental properties. I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...
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My first serious action came almost two months ago, when I made it up in my mind that I was going to invest in Real Estate as a vehicle to begin building wealth, so I filed Platinum Homes and Redevelopment, LLLC. Afte...
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When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
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Hello, I was wondering what has been your experience with fixing sewer line. Is this is a major issue OR something that can be addressed easily ?Brief background about my situation - Home inspector raised a red flag, ...
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So you finally found the 'perfect' property!? Amazing..the challenge is that it's someone else's dream home or investment also..and for one reason or another, there are a lot of investors flush with cash! In fact, one...