Brendan Chisholm
Fannie Mae Homestyle Loan update and lessons learned.
I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...
Charlotte Chew
Short term rental comps
Is there a website or source to look up vacancy rates and other stats for STRs in different areas of a city? Something that would be like look up comps for home sales or rentals. Thanks for any input you can offer!
Ricky Reese
Unsuccessful BRRR situation
I've been reading and studying the excellence of using the BRRR method for real estate. I want to paint a hypothetical BRRR picture that I would like feedback from the BP community. Let's say I was off the mark with ...
Gaston Prevette
Unicorns Did Exist in 2018
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $260,000
Cash invested: $35,000
We found These 2 quads which happened to be on separate parcels on the MLS. ...
Account Closed
Can I challenge an appraisal?
Long story short - I am trying to get a HELOC and had my home appraised last week (that I paid for). I live in a hidden little part of Los Angeles and pulled 8 comps for the appraiser, all within a mile, all within 5 ...
Xavier Randall
Today's Distressed Market (Random Rant)
I've spent the past 6 years as an Asset Manager in the default sector liquidating REO's for the banks by rehabbing them for the retail market and the auction market (primarily Auction.com). The auction platform took a...
Linda Dorothy
Rollover IRA as self directed in real estate
Is anyone familiar with a self directed IRA in rental real estate? What do I need to consider before rolling over my IRA into property? Is there a $ limit? What are the restrictions?Thank you!
Travis Steinemann
Updated first deal in Baton Rouge, LA
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baton Rouge.
Purchase price: $83,754
Cash invested: $1
This was my first deal and we did a full cosmetic rehab, doing most...
Luther Wilson III
Using Leverage To Buy & Hold Notes ?
For those investors who are buying notes right now or perhaps someone who has done so in the past, what would it look like to use leverage when buying them? I’d be very much interested in buying more notes but maybe ...
Josh Engen
Pre move in Pics - should I send?
Hello fellow BP Members,
I think the conventional knowledge is that landlords should be taking pre move in pictures to document the condition of the unit. We have always done that.
My question is, as a best practic...