Hi All, As a new investor, I have a couple of questions regarding raising private money. My business partners and I are putting together a pitch and list of who we would like to start approaching to fund our deals. We...
Hi all, I have been learning a ton by listening to BP podcasts and reading up on the forums!I am a buy and hold investor looking to invest into small multi family units out of state. I eventually would like to invest...
I am purchasing a home and financing the rehab with a partnered developer who manages the entire project. Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit befo...
I know many on BP concentrate much of their wealth in real estate because it is what they know well. I was wondering what everyone's thoughts are on the diversification versus concentration decision. Are you an advo...
Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...
I signed a tenant who has her and her daughter on the lease. Soon after moving in a see a man moving in with her who turns out to be her fiancé. I spoke with her and let her know per lease if he’s going to be there 10...
Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.
Hello, we are in the process of pherchasing our first property( Hopely) Seller is a bit motivated to sell and we want to do short term rental. when you submitting offer how do you guys calculate? We want to make sure ...
Hi,I want to get into the bigger multi families. I am located in northwest Chicago. I currently own a single family. Was planning to get a 2-4 unit to ease into it but if I see a good deal on a 5+. I want to be prepa...
I have a 3 story 3 fam with separate utilities and the 2nd floor boiler need replacement in the near future.. Its stamped 1981, and there are burn marks on the outside of it.. The tenants are seeing high gas bills...