So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...
Hi BP Community,I am seriously considering buying from turnkey companies that buy houses, flip them, then advertise them as perfect turnkey properties. I have been looking into a few including mantel turnkey and miss...
I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
Hello. Newbie...
I have $600,000 in cash. Just sold my primary residence.
Am i better off investing in one property and having a high % of equity or
investing in multiple properties and having a lower % of equity i...
I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
Brandon provides excellent advice in his video “Are Your Tenants Unable To Pay Rent Due To Coronavirus? Here's What To Do!” https://www.youtube.com/watch?v=1CLa0UJCn3w
In particular, his Emergency Rent Deferral Plan ...
As I build up my SFR portfolio I am starting to ask myself: “Is the idea of SFR cashflow simply a spreadsheet myth?”The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all...
I bought a owner occupied a 4plex. I live in the 2bed 2bath the rest are 1bed 1bath. Rents are unit 2 $550 unit 3 $600 and unit 4 $600. The are comps are $725 to $908. Units 2 and four lease has expired the end of the...