I recently read the book, “The Perfect Investment” by Paul Moore. Good Read. To sum it up in a sentence, Moore believe that investing in proven syndicators, with proven managers, in a growing market is the perfect inv...
Hello BP!I am a newbie investor, and long time BP Lurker. I have been interested in real estate for years, and thanks to a random influx of cash I am now finally ready to get started with my first property. My plan is...
Hey everyone, just recently got rejected on our offer my wife and I made on a duplex. Their listing agent stated "this is probably the worst offer I have received in 25 years". Was I really that off in my numbers or d...
In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly uni...
In my reading, I've come across the suggestion that an ideal situation/purchase of investment property is one in which the seller finances the purchase. But doesn't this go against what most sellers are looking to do...
Hi there!I'm new to multifamily and am looking to understand what sort of loans I will qualify for when trying to purchase a 16+ unit. I understand I'm most likely looking at 25% down with 6 months of PITI reserves.My...
I own a portfolio of 60 single family homes in the San Francisco Bay Area. All are commutable to San Francisco. My basis is low. I cash flow about 3% net annually based upon current value of $28 million. $4.5m d...
I’m thinking about buying a property with a friend of multiple units at least 6 units down in Florida. Don’t know exactly where yet. We’re in the process of saving up money, my credit is at about 640 and so is his but...
I am currently under contract on two 4plexes that are side by side, so 8 total units. After the inspection I found out that all the AC units and furnaces will need to be replaced pretty soon due to their ancient age. ...
I have been trying to invest in multi-family for a while now. I have run analysis on various properties for the last 3-4 months. Every time I found something interesting in a class-A or class-B type areas, it is eithe...