Cabrin Mills
Would You Make This Deal
Hello BP, My name is Cabrin Mills and I'm an investor here in Kansas City. I am currently negotiating the purchase price on two properties, for the purpose of wholesaling. Both of theses properties are multi-families....
Travis Rogers
Storage Facility Purchase - 10% LTV Financing Requested
Hi Folks!
I have a few single family rentals (Oregon and Texas) and they're doing great, and I have a large amount of equity in each house. I live in Oregon and am purchasing a storage facility in Texas for $450k, th...
Waylon Smith
How accurate is the 2% Rule?
Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
Celebra Queen
Problems with tenant's moving out
Hello,Would like to ask for opinion/advise how to deal with the tenant's requests upon moving out to return the security deposit and half of the paid rent for the last month. Please read the correspondence below betwe...
Frank Boet
Is a crisis or a pull back coming?
We are already witnessing cracks in the Chinese real estate market. In fact, they are expecting a recession in 2019. The US stock market is in a free fall and just a few points away from being in a full blown Bear Mar...
Angela Aybar
At a cross road
Hello Everyone,Angela here looking for some advise.I'm own 2 multifamily homes in Newark, NJ. We have been trying to buy other properties for some time but, because of credit and little income it has not been possible...
JaNae Anderson
Out of state investing
I’m looking for REI groups in the Bay Area that specialize on investing out of state.
Travis Turner
How to choose an area OOS to invest
Hello.First post here.Been watching podcasts and read a few BP books.Looking to invest OOS in an area with lesser barrier to entry than here on the wedge of the Oregon Coast where 2/1 sfr are $200k+.Been researching d...
Jim Growfer
if i buy a building at 5% cap rate at a discount, is it still 5%?
If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%. ...
Angela Henderson
I thought I knew what I was doing but Maybe I don't???
So tenant screening is more difficult than i think I ever thought! Everyone who calls me has a story! It's only be a couple of days so I'm sure it's going to get better...
A prospect that I spoke to today sounded id...