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I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
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First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
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Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
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I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
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Ok, here is a question I know that many of you would love to answer. But, here is the deal...
Why are Realtors such a bad thing, and is there anyway I can turn the tide? Can I become the exce...
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I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
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Hi everyone! I recently renewed my lease but just found out the new owners are now building two ADUs in the backyard. This is more a question from a tenant’s POV—but I figure people in real estate were the best people...
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Hi everyone!
I've been immersed in studying real estate investing, particularly wholesaling, but also fix and flip, and buy and hold strategies for the past six months and I'm dedicated to making this a successful ve...
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For my first purchase, I will be house hacking in a multifamily property. The examples below just happen to be in PA where I have never lived. The questions apply to any property no matter the State. When I return to ...