My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000.  All-in costs including repairs, title, legal, lender fees, etc. was $108,000.  I developed a relationship with a new bank with great po...

Hi Guys,I'm in desperate need of some advice here. I'm a prospective investor and I've been studying real estate for probably 3 months now. From everything I've read or listened to everyone's biggest piece of advice i...

I live in Massachusetts and have a family member who is asking for a personal loan of $60,000 to purchase a $78,000 mobile home in Rhode Island. I do have the money to loan and would like to help and I know that the b...

I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip.  My question is if people would ...

I have a logistical question for those who are brave enough to invest out of your state. Assuming you have your team in place, real estate agent, contractors, management company; how do you handle the rehab? when you ...

Hi BP,My colleague and I have started taking the next steps to forming a partnership and purchasing our 1st MFH by the end of Q1 of 2021. At the moment, I’m looking for deals, underwriting, talking to brokers and sell...

Just recently spoke to a local investor who has been investing in mobile homes for many years. He also runs a home inspection service which includes mobile home inspections as well. We never actually met in person, bu...

I'm working with a seller and her lender wants to see a copy of the listing agreement. At this point, there is no listing agreement.

How should I go about this? Should I find the realtor I'm going to use to list the...

We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...

HI!  We own a six unit building in Chicago IL and we are looking into consolidating all to just one electrical account, and installing solar panels.  We would like to meter electrical use for each unit and for the bui...