Andrey Y.
Every syndicator claims that they have conservative underwriting
Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
Account Closed
Quicken Loans vs. traditional bank
I'm trying to get the ball rolling on my first deal and get pre-approved for a loan. I've researched Quicken Loans and even started the application process to get pre-approved, and it seems like it will be legit and p...
Irvin Nguyen
Should I sell or keep my rental
Hi guys, first timer on this website. I just recently signed up a few weeks ago. I am currently debating on whether to sell my rental property in beaverton oregon (formally my first primary home) or to keep it rented ...
Ben Leybovich
117-Unit Value-add in Phoenix Closed Today
Ladies and Gents,We don't do too many deals, but when @Sam Grooms and I do a deal, it's something special.Today we closed on 117-unit in Phoenix's South Mountain neighborhood. The complex is named South Mountain Squar...
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Will Barnard
100,000 or 1,000, which comes first?
BP Nation is approaching the 100,000 member mark (currently at 91,000+ and the average number of members active in a 24 hour period ranges from 700-800 each day.
My question is, will we start averaging 1000 members a...
EJ K.
Tenant removing upgrades They did
Hi, have my own rental properties but my mother in law is the tennant in this case. She decided to shut up shop on her preschool and move into her home to downsize. She rented for many years and was responsible for tu...
Ryan Beasley
Advice on Fundrise eREIT platform
Hey guys,
Has anyone invested in the Growth or Income eREITs offered by Fundrise?
I know it's a rather risky investment but they do guarantee a reimbursement if the eREIT performs less than 20% annually. They also ...
Account Closed
Buying Second Turnkey
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
Robert Taylor
Looking for advice on how to present lowball offer on REO in bad shape
I'll apologize right away for the LOOOONNNNGGGG post here, sorry but I was trying to get all relevant info included! Hopefully its a quick read for you!
Its funny, I know some of the guys/gals posting here on BP have...