Morgan Wells
Typical attorney fees
Good evening guys, I am buying my first commercial office property. We are just a few weeks away from closing. I hired an attorney to help draft the PA and generally help protect my interests. Purchase price is only 5...
Eric H.
My review of Blip Leads
@Ethan Summers, @Cornelius GarlandGreat day BP fam,Writing to inform you guys of my experience with a company I found here on BP. I hired the company, Blip Leads, to perform some cold calling for me. If any other memb...
Cirilo Villar
Is it possible to househack in LA?
I am planning on saving enough money to put 20% on a down payment on a four Plex in LA I’m starting to wonder if it’s doable. I want to live for free and try house hacking but I wonder if LA is a market where that is ...
Austin Forrest Waggoner
When to Pay Debt or Save for a Real Estate Investment?
First off, I'm new and have been educating myself for the past two months. The Rich Dad book my cousin recommended, completely changed me. I've been listening to BP podcasts, webinars, networking with local investor...
Sean Boon
First Deal.. Bad Turnkey Situation..Looking for Next Steps
Hello,First post here. I purchased my first rental property in Jacksonville about a year ago. It's turning out to be a massive headache. It's never been rented. I was probably totally scammed. The property mana...
Benjamin Lioue
Advice for Doing Private Lending
I am doing a private unsecured loan of $10K at 11% to a real estate development firm. I have received personal guarantees from the 3 individuals whom make up this firm as well as added on the insurance (except life). ...
Sam Epperson
8.6 Cap, B class, 18 units, $823k
Forgive me if this isn't the usual format, I haven't even looked at other posts. Am I close on these numbers?link here: http://www.loopnet.com/Listing/6768-S-East-St-Indi...List: 823,000Cap: 8.6%Units: 18NOI: 70,778(e...
Lance H.
How much money do I need?
Hi everyone,
So here is the situation. I have a HML that is willing to loan 100% of everything (purchase, rehab, closing costs, points, interest) up to 70% LTV based on ARV.
My question is, working with homes with ...
Jenny L.
Need help understanding BP Fix and Flip calculator
Hello Pros,My husband and I are a beginning investing team looking to start with fix and flip homes in our area. (suburban NYC Metro)We have been using the BP Fix and Flip Analysis & Reporting Calculator to get mo...
David Klein
First Successful Exit!!!
This post is a little overdue as this pesky pandemic has made life somewhat hectic lately but I thought I’d like to share my first successful exit as an investor. In October of 2018, with the help of some investors,...