David Neely
Should I Walk?
Hello BP community,Wanted to pose a question of those who are seasoned vets at this stuff...I've got a contract on a 4 unit building that is set to close Sept. 15. Purchase price is 287,900, which was "best offer" tha...
Tristan Cortez
What am I doing wrong?
Hi BP,I've been analyzing deals just to get as much experience on finding a good deal. The problem is I'm putting properties into my excel spread sheet and my cap rate pro app and I can't seem to "make" any money if I...
Margaret Bass
Mobile home park evaluation
Hello, new investor here and I would love some help evaluating a deal. Local mh park right down the road from my house, 10 old park owned mobile homes, small run down 6 apartment building, small stick built cabin. All...
Jeremy H.
Pros and Cons of LLC
I'm a new member in the Jacksonville area. I was an investment analyst for two years for the Blackstone Group so I have the analytical side down pretty well. What I'm not well versed in is hands on entreprenurial expe...
Sarah Lam
Need feedback for my REI plan - esp from Chicago and Dallas investors!
Hi everyone!
So I've been dutifully reading and researching about REI since I've joined this site. I've mapped out my goals, and would really love to hear some feedback. FYI, I live in San Francisco and can't...
Carlos Garza
Does this seem to good to be true?
Hello BP. I have been interested in REI for a while now and believe I am finally ready to take the plunge. I have been prying here and finally am making my own post. I will add a picture and more info to my account...
Jonathan Fuchs
How does leveraging (refinancing) work in practice?
Hello BP,My wife and I own one rental income property (outright, San Diego) and are looking to invest in a second or more (Houston area) to increase cash flow. I have been reading the forum posts on the debate between...
Tyler Wisner
Estimating expenses on apartment buildings
Hey everyone, I’m getting into small apartment investing, I’m looking for a 5-8 unit property at the moment, I’ve read people use the 50% rule, as a rule of thumb when making offers, does that generally include your v...
Johnny Quilenderino
Where do bad credit tenants go to rent?
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
Noah Everett Farmer
First time home buyer/house hacker in Indy
Hey BP, I am a healthcare professional in Indianapolis. I am looking to buy my first house and house hack in this year. I would like a duplex, triplex or quadplex. I currently live in Broadripple but am open to other ...