I've recently been stress testing my company and I'm curious if others are doing this?For me it's been as simple as simulating a correction and removing, for instance, flip income, as well as reducing gross rents. Th...
well crazy it took a year to finally finish a 6 story 10 apt building on Bleeker street Greenwich Village near Washington sq. every time we opened up a wall or floor there was a new surprise so this was a stress and m...
I just paid $12k for a 12x10 redwood deck. No pergola, no steps or railings. Yes they took down old 14x14 deck and pergola, and hauled away the hot tub (for an extra $1800). No stain. That was an extra $2600. I've bee...
Hi AllI have a 6 family apartment building I've been starting to look a little deeper into. I've done the underwriting of the property first from a distance, and then zoomed in a bit closer and underwrote the deal as...
I recently finished a renovation of a single family home and am closing on the sale at the end of July. I'm moving to the Ottawa area and with the prices of single family homes surging recently, am thinking of buying ...
Hi.First time on the forum though been following the podcast for a few years. So last week I did something truly dumb. I bought a massive [9,000 sqft +basement] old [est.1900] building [church] at an online auction, s...
Hi; if you were going to direct mail a list of recent sales by absentee owners to build a buyer's list, would you prioritize the out of area/state buyers or the locals?
From what I can gather an equity waterfall applies after the property is sold? LP gets their initial investment and preferred return. Then the GP gets a catch up of say 20%. Then the LP-GP split is 80/20. What if I do...
Hello,My name is Zafiris and I live in Athens, Greece. I am 32 years old, working as service engineer for petroleum industry. Me and my wife are just starting to invest in real estate.I have been following biggerpocke...
Greetings all,
I have been hovering around these forums for the last several weeks and decided that I better make my presence known if I'm ever going get out of learning the theory and put what I'm learning into acti...