Hello BP.I have purchased a lot which is 220 m2 or 2368 square feet in Playa Del Carmen, Mexico and are now gone into construction mode. The plan is a 4 story building with studios for vacation rentals. My builder say...
Hello BP-I'm curious if anyone is investing in new construction for rentals. So far, all of my rentals have come from distressed sales and I've followed the BRRRR strategy. However, the market for these types of dea...
Hello all, I need ideas/help on my next real estate move.I have excellent credit, $150K salary, Aproxx: $450K net worth, and $150K cash. I have 3 years experience from owning a mega cash flowing 4-plex and just purcha...
Hi all, I could use some advice. I have a property which has a shed in average to poor condition. The City of Westland has received complaints of rats near the shed and asked me to build a rat wall around it. Also, it...
Hi all! I'm Emily and I work as a Learning Specialist in Los Angeles. Saving, buying, and investing are pretty difficult on a teacher's salary, so I'm hoping to learn from the wealth of knowledge here. My fiance and I...
GM all. I just locked down a 64 unit in Stockton TX. I find it very hard to find a buyer for it, I’ve been marketing it for a week and I haven’t met any serious buyers. And I’m convinced that the deal is good. It’s a ...
Hi guys I just turned 18 and now in the real Estate game. I just started wholesaling and I need a Proof of Funds letter to close my first deal. Someone Please Help!!
A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...
Hi BP Nation!
I currently have 20+ units that serve short-term, mid-term, and long-term rentals. As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeab...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...