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Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
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This is a general question... Do you think solar is worth it, for an area like a desert with plenty of sun and hot summers (AC blasting) raking up big electricity bills? But also more specific... Would you think that ...
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I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
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Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
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Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...
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Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
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Who would have more BOTTOM LINE PROFIT at end of the month?Experienced Out of town landlord vs. "turn key" Property manager ?Assumptions1. Each has EXACT same hypothetical properties to manage2. Properties are in "C" ...
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So myself and a friend are looking at buying homes from the trustee sales here in OC and LA county. We have met quite a few people who would be glad to use our money and split the deals 50/50. We don't want to do th...
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I have been on the forums for awhile now and after some thought I have been thinking about this strategy. I would love feedback.In my state (RI) homes are about 180k on avg. Of course prices vary based on area. But e...
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We are looking to buy rental SFR in Las Vegas.Any property management or real estate agent/broker who can suggest which neighborhood in Southwest or West of Vegas to buy for rental SFR in Las Vegas? Much appreciated!!...