Hello BP,I was wondering when looking at larger apartment buildings and neighborhoods, when you get to 100+ units does the cap rate go down? I just looked at a 200+ unit apartment area for sale with a 7.5% cap rate, b...
Hello: I've been hearing alot of news about crowdfunding sites for real estate lately and several of my former business partners have been bragging about their ROIs (10-12%) using their self directed IRSa. I've heard ...
Hello BP,I'm in a bit of a dilemma. I'll be separating from the Navy in July and My wife and I are relocating from Virginia Beach to Tampa. We are looking to purchase a small MFR and house hack if possible. The only p...
Why is a REO not able to get bank financing?
I have a tenant who still have over a year left on their lease. They want to terminate their lease early. I would like your input from your experienced on how you dealt with the situation? Thank you
Hey BP Community!It's been sometime since I've posted on here so I'd thought I'd strike up another conversation around some questions I've had and where I've gotten so far. So my local market in Florida is still boomi...
Hi BP crew. I just need some quick advice. I'm looking to purchase a building for $200,000 and in the past I've been told using a mortgage broker was better than using a bank to get financed. What is the difference ...
I might be feeding the wolves here but here is my situation.I moved out of an apartment a year ago. I was sent a bill for $600 (on top of my $300 deposit that was kept). While I didn't scrub everything from floor to...
Hello!Looking into financing options for a rehab project. One financing option is to partner with my father (turning 62yrs old this year) for this first project. Would like to have this financing option planned/thoug...
Hello all! Question for you: my accountant says I'm entitled to about $7,000 back on my tax return based on depreciation, expenses, etc. on my three properties (one my own home purchased in 2011 and the other two r...