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Howdy BP Family,I'm in a not-fun situation. My GF and I are in the process of remodeling our condo. We plan to sell it and BRRR from there.A few months ago our downstairs condo neighbor informed us that we were "raini...
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For those investing in large apartment syndications - what percentage of deals make money, what %age about break even, and what %age lose money?Of course sponsors vary, but wanted to get your experience and feedback. ...
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Hello everyone, Like most investers right now I'm trying to do a Cashout Refi. I've spoken to about 5 lenders and I've gotten a vast amount of responses to my attempt to Refi. Some lenders have told me that they are...
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How much is your highest rent? What is the unit like? Is it a good investment compared to your other properties?
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Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
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Hi,I've invested a couple times for appreciation but now I'm wanting cash flow. This is new for me so any advice would be great. This is a very small mobile home park (4 homes and a building). The purchase price is $1...
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Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
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Hello BP community,
I wanted to get some advice in skip tracing the owner (or decision maker) of a property I've had my eye on for a bit. Some background on the property - it's a large 5/3 in a nice, quiet neighbo...
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I'm looking for a small number of people who own/manage between 2 - 10 rental units and looking for a good Excel spreadsheet to keep track of the income and expense. I would like to share the sheet I'm using and tryin...
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Hello All,I would like to get other thoughts on this situation (because more minds means more creativity). I have one condo now (equity rich, cash flow poor). It is in LA but once we can raise rents, it will be fine o...