Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
If a deal doesng go through due to a failed phase 1 environmental study and your LP already spent thousands of dollars on the environmental study. How do you make this up with your LP?
Hello and thanks for reading this. I'm a complete noob to increasing and am still currently in initial learning phase while saving up my capital for my first investment property (I will have met that savings goal on ...
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...
Would you use a hard money lender or your own cash to pay for a flip (property + rehab)
I can see advantages to both.
Using your own money you save on the cost of borrowing it and the fees and such hassle of getting...
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
I'd like to take a poll.
How many people became successful without taking a risk?
ALright, was asked today to meet this Saturday with a coworker. He has some "play money" and he wants in on my wholesale startup business. He wants to wholesale and fix and flip.... Should I discourage him from using ...
I should preface this by saying that I am not a BRRRR guy, and don’t pretend to know anything about it.However, I have toyed with the idea of doing it. The risk seems large though. If I take out a hard money loan to b...