Account Closed
Contractor uncommunicative, work not completed - ideas?
Could anyone make a referral to lawyer specializing in home contractor disputes in the New York City area? Or have any ideas on how do deal with a contractor who has become unresponsive to my requests for receipts, it...
Heston McBride
Sticky Situation. Pay realtor commission n or not?
I’d like some feedback on how the bp community feels about my situation. I looked at a home w/ realtor but know the owner very well and had discussed it previously.I plan to put in an offer on Monday for a rental prop...
Anders Jax
What is a standard waterfall structure payback(LP paid first etc)
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Maricruz Romero
Looking for a contractor
Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...
Nathan Gesner
How has BP made you money?
One of my greatest joys in life is helping other investors grow. A member recently reached out and let me know that my advice is earning him an additional $100 a month. Another member is saving (earning) over $20,000 ...
Kathryn Bowden
Help, Appraisal wasn't ordered - what do we do now?
I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
Rick S.
Passive 12-15% Return
What is a realistic return I could expect on JVs in the note space? I am looking for a 12-15% return on $100-400k.
Phillip Kim
Are we at Peak Market?
Robert Kiyosaki stated that the historical market crashes every 8-10 years. I know the last crash happened 2008-09, that leaves us at right around that 10 year period. I am curious to know if this is the right time to...
Juneka Roswell
My house won't rent. HELP!
Looking for advice. We currently own a 4bd 2ba single family home. We constructed the home to add a granny suite. So now it's a 3bd 1ba and studio granny suite. It's time to put on the market and we can't get the home...
Kimberly Gillock
student renters
Hello BP community! Landlording question for you all -- I am under contract for a SFH by a university, closing in early April. Wondering if anyone had advice on renting to students? I would ideally rent to grad stu...