Abraham Arechiga
Not sure how to jump into multi family, have funds available.
Hello! New to BP, have done 9 residential single family flips. Made some good money as well as lost some good money. Got a taste for real estate but am looking to dive into flips on multi family units or possibly hold...
Jonathan Taylor
Expert intuition for OOS markets
Hello BP folks. I've stabilized my house hack in Los Angeles, which is cash flowing decently and now am looking at OOS markets including but not limited to St Louis, Tulsa, Indianapolis, and Chatanooga. My goal is cas...
Lorenzo Hatten
Hard Money loan for Rental
Hell all!
I have a issue and I need the BP family advice! My grandmother in Law is selling her home in Charlotte, NC. The list price is $129,000 it's a TH, needs a little work inside because it's Out dated (grandmoth...
Bob Razler
SDIRA | Institution Recommendations
Hello:As I proceed down my learning path, and as I continue to analyze deals, make offers, get rejected, feel sadness.....lather-rinse-repeat....I was intrigued by SDIRA's.I have a rollover IRA with enough money in it...
Martinis Jackson
BRRR Strategy with Partners
Greetings BP Family My wife and I are investors in the Maryland area and our overall strategy is buy-and-hold while using the BRR strategy. We know that we will find better deals if we have cash, and although we are c...
Mihir Bhimaraju
Tenants' attitude- Am I looking at it the right way?
I own and manage a single fam that a 2/1 and rents out for $635. I acquired it 2 weeks ago. Seller listed at 38k and I offered 24k cash after finding a few big ticket items for repair. I asked the seller at closing wh...
Tyson Bumgarner
testing my analysis skills
So I borrowed this format that someone else used to analyze his duplex, and I decided to give a try at analyzing a duplex I found. This is what I came up with.
Duplex 3/1 with 1/1 attachment. They wanted 80k but the...
Wendell De Guzman
Violating the 70% rule and still making money?
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
Jeremy Dugal
Letter Explaining Actual Value once Negotiations Have Failed
Hello. I was recently in talks to purchase a three unit building in Maine. Original asking price is $110,000. Owner dropped price to $83,000 after approx. 9 mos on market. The owner is the son of the deceased prev...
Chris Schmitt
Buying Investment Property in High Rate Environment
I have been looking at purchasing a turnkey condo in the Orlando area as a long term rental. I found a unit with a reliable existing tenant who wants to remain at around 100 per month below market value rent which fo...