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This is my first post on BP. I'm excited to join this community and learn from others who have sucessfully invested in real estate. My dad and I have been contractors all of our lives and a few years ago bought a...
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Going to look at my first multi family property tonight, looking for any advice as to what to look for and watch out for as i go through this journey.Pro forma numbers are good. Meets 2% rule and the 50% rule, cap Rat...
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can someone help me analyze this deal. This is my first true analysis that I have tried and I don't know if I am even close to having the numbers right.4 : 2 bedroom one bath units, one has been updated and read...
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Hey all,My lender is now telling me the branch manager is getting cold feet about taking my loan because we are moving "too close" to the current home. For background, we have lived in this house for a full year. We w...
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I’m a first time real estate investor and recently purchased a new construction in a Centex/Pulte neighborhood . It’s the 5th house in the neighborhood that will build out to 199 homes over the next few years. The n...
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Is this a good time to start a real estate wholesaling business? Anyone? I would appreciate any words of wisdom. Thank you. :)
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I recently purchased a 6-plex and am looking for a better approach than the janitors key ring or the valets keybox. I've been looking at the numeric keypads that allow multiple number combinations as a potential alte...
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I get the double closing. What I dont get is the assignment, how exactly does it work? From what I understand I have the seller sign a purchase agreement with an assignable clause. However what I am confused on is the...
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Hi all, I'm looking into getting into flips in Philly. My biggest hurdle is estimating rehab costs. What information should I use to get a close estimate for my materials and labor?I read that using x dollars per squ...
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Hi BP,I've heard of people challenging their appraisals on the BP podcast so I am assuming that is a semi common thing. My situation is that I am a realtor helping my girlfriend buy her first property/investment. The ...