Hey guys,I've been looking a SFR (2/1 semi) out of my city for the last month and I'm seriously making an offer. But before I go into that, here are the numbers:Ask: 83k, 20% down, reno 4k, closing 5k = total cash req...
Hi! I've developed a successful Wholesale Business in Louisville, KY that has made close to 6 figures this year and has had growing profits for the past 3 years, I'm getting into Commercial and Leaving Residential and...
Help needed please....I am n negotiations on a building with one small commercial space (approximately 800 Sq ft which rents for $350) and 4 one bedroom apartments (rental incomes of $330, $360, $410, $450). The build...
Hey BP,
I know most real estate syndications/funds give their investors a 7-8% pref, but what is considered an overall average or good return percentage for a real estate fund?
Thanks!
Hello, As an active buy&hold landlord type, I often have to run criminal checks on people. I have been using SentryLink. They do a national level search for about $20. Problem though. It's happened twice. I...
I live in an area where there are a lot of double-wide trailers on their own land. Monthly rental income from DWs are close to similar sized duplexes and town homes. I've got an opportunity to purchase a 1995 DW on ju...
I have been following the Nashville Short Term Rental Phase-Out Bill closely as I have been looking to invest in a buy-hold property to cash-flow using the short term rental companies (AirBnb, Vrbo, etc.) I am becomin...
Hello All,Can someone help me understand a particular term, Bad debt. In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms. If this value (Bad Debt) does ch...
I wanted to get some thoughts on the following deal I am looking at:
The owner has verbally said he wants $60,000. I have not received any records of expenses yet. The owner is an older gentleman who is sick of the...
Hello BP!
My first post here, hopefully of many.
A friend and I have decided to start a REI business together in Florida.
I've been researching different business structures, and the amount of informat...