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I recently read the book 'Lifeonaire' by Steve Cook, which has had a big impact on my thinking over the last couple of weeks. In a nutshell, the book is about designing your life so that you're rich in life experience...
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Hello-Does anyone have a deal analysis spreadsheet for potential STR/vacation rentals that they would be willing to share? I began to create one but figured I need not recreate the wheel if someone else has already do...
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I am participating in the MPLS 2040 comprehensive plan by attending meetings and provided feedback that can be a big win for both landlord owners and renters in Minneapolis. I am an advocate of changing our curren...
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Just wondering.Does a hi cap rate mean more cash flow, And a low cap rate means the value of your property is hi? When is to high or to low risky, is it your risk tolerance? I know there are two types of cap rates whe...
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Hi BP, Joined 6 months ago and learning quickly as I go. I'm at a crossroads and looking for advice. I'm in Northern California and have been looking at purchasing a 4 plex for the past 6 months. Going to an open hous...
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Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
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Hi Guys,I could really use some help on this one as I do not have a lot of experience with Land Trust.Here is the scenario from the owner:Or I can owner finance to a LLC or other entity, property stays in the land tru...
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Hi all BP friends!I have been a small RE investor for the last 5 years or so, and I finally have come by my first rough ride with a tenant who I inherited with the purchase of my last triplex in Sellersville, PA. I wo...
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Hi all, Thanks in advance for reading and offering any advice. I am working on a boat in Alaska, so my internet is limited and sporadic, after I post this, I will only be able to check it about once per day for update...
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Hello,A partner and I are going into a multi-family building together but need money for the 20% down payment. What is customary for this? Would that cash partner receive 50% and my other partner and I split the other...