Class A / Class BThe practice of splitting the LP investor equity group into Class A and Class B (sometimes: "Series A" and "Series B") tranches is already extremely common and seems to becoming almost ubiquitous. Ins...
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
Hi everyone,My partner and I just completed our FIRST FLIP and we are so excited about it!!! We have both been in construction for nearly 10 years now, and have been talking about trying our hand at our own projects f...
What's a good way to establish credibility when you're young (22) and talking to sellers? I know some people may be skeptical when they see a relatively young investor I feel that's the biggest barrier to overcome. I'...
Hi BP Community,
Inspired by seeing other people’s posts on their success, I figured I would do a post as well and write a summary report on it.
Background:
I live in California and own out-of-state rental propert...
Ours range from 8K when we first started 5 years ago to about 30K for recent flips.Averages about 18K-20K. This is net, after all selling costs.
Before I get Started. @Joshua Dorkin
@Karen Margrave suggested that I @mention her, you, Will Barnard, J Scott, and Jon Klaus for a diary that I'm going to do on BiggerPockets for our first venture...
Hey All,Wanted to touch base on a few topics that are not typically discussed in relation to components of a RE syndication deal and how this impacts things from the standpoint of the LP in relation to such factors as...
New in BP and RE investing. I have about 80-100k in equity in my house and I am planing to sell the house and get into flipping houses to quit my job because I am looking for financial independence and later get into ...
Are there any OUT OF STATE Detroit investors? Detroit is obviously notorious for low cost, low risk, good rental income cash flow but for managing properties, managing fix and flips, how do you manage it all from out ...