Jason Merchey
Q. About Cap Rates and Compression/Expansion in Underwriting
I was thinking about the assumption that the cap rate will expand by 20 basis points in a 5 year period in a syndication I’m considering. From 4.5% at acquisition to 5.5% upon predicted exit. I was asking myself if it...
Chad S.
Vegas Multi vs SF home question
I live in Chicago in my owner occupied 3 flat, and am looking to move/invest in the Vegas area. I began looking at multi-unit buildings to do another 'house-hack' by living in a unit and renting the others. However, ...
Jay Hinrichs
BP connections invaluable we had a 130k profit day today each
One of those great days.. I had met an accredited investor on BP a few years ago and we hooked up and took off... Many deals have been done all but one very profitably.... Good day today we closed two new builds and d...
Corey Young
Introduction and a roof repair question
About MeWhile I do have a question, since this is my first post to the BiggerPockets forums, I thought I'd kill two birds with one stone and introduce myself while asking the question.My name is Corey and I currently ...
Anthony Z.
Waiting for the market to rebound?
I want to buy a 2 bedroom house in the bay area and live in one room while renting the other room out. However, the volatility of the housing market makes me very concerned that I am buying at the wrong time. On one s...
John Moore
Finding that first deal / Quickly filtering through listings
I’ve spent a lot of time reading lately. I’m familiar with the 50% rule and the 70% rules of thumb. I’m looking for both a property to flip and a property for cash flow. I feel more confident in buying a rental proper...
Khang Pham
First Deal Fell Thru!!
Hi BPers!I want to express the amount of gratitude I have for the BP community that had showed me so much in the last 4 months. I've learned so much and try to put little by little the things I've learned into action...
Phillip S.
Made BIG mistake with auction purchase - beware of scams
Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did. In August of last year I came across a...
April White
CPA vs DO IT YOURSELF
Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...
Account Closed
Birmingham. Any revitalization projects?
I am interested in investing in the Birmingham area and would like to know if there are any revitalization projects happening in or around the city. Any big companies planning to move in? Any new construction going o...