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I’ve been hearing for months that we will soon see a wave of distressed assets and forced sales. I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” ...
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Probably should have started this earlier. I’m a few weeks in, but I’ll split the post up so that it flows a bit better than a giant long read.Been getting all sorts of RE education through biggerpockets and my local ...
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Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
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I have a 7 unit property and wanted to get gift cards for my tenants for the restaurant across the street (don't worry, I would say "Happy Holidays" in the card). Anyone see an issue with this? Also, I am currently ...
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I ran across an interesting little self storage opportunity. This facility consists of a paved lot with 80 concrete block storage units and a 160x200 open gravel lot (about 100 spaces) for autos, boats and RVs. 10’ ...
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Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
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Can you get a property under contract with the seller and then rehab the home and then try to refinance it with a bank while it’s still under contract?
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Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?
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Hey everyone, I was interested in doing student housing and I know individual room rental is becoming popular. My question is, how do you determine rental rates when doing this? Do you just go by the going rate for t...
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Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...