Yohannes Kifle
First Deal Analysis Tips
Hey BPI'm thinking of making my first offer on a triplex and I was hoping to get a quick sanity check and some advise about an interesting aspect of this property. I'll start with that.One of the tenants is a convenie...
Andy R.
Hard Money to finance 80%
I am able to put 20% down on a 100k property and use 80% as hard money. Would it be relatively easy to get the 80k refinanced within 3 months? Most comps in the area are selling for $120-130k.
Rachel Wagner
First Investment Property, What The Hell Am I Doing?
Hey everyone,
So I just signed up for bigger pockets and am brand new to real estate investing. I currently do rental arbitrage, meaning that I lease from landlords to then rent out the properties on sites like airbn...
Account Closed
How do I approach A House Seller ?
Hello, I’ve been doing much research on how to wholesale houses and while i’m not ready yet, i’ve come across 2 boarded up properties next to each other. I got the contact info to one of the home owners. My question i...
Solon S.
Reading Cap Rates and Pro Formas
I've been going around a lot of sites, including Loopnet, and have been looking at the Cap Rates that agents are claiming their listings are providing. They'll claim that a property has a 5% cap rate, priced at $1M, w...
Gianfranco Cuello
Saving to buy my first House Hack. Invest it while saving?
Hi BP community. Complete newb here. My wife and I have recently decided to start saving for the down payment on a duplex that we intend to house hack. My question is: would you simy place the money in a regular savin...
Shabre Gantt
New Dayton Ohio Investor
I have 10k saved and looking to do the BRRRR method in my area. I question if 10k is enough to cover cost of rental and the rehab. I have done research in my market on the MLS and homes are avg. more then 10k just to ...
Timothy Douglas
Is being in Escrow really complicated?
David Greene was addressing an Escrow that he went through with a client of his. He said that the escrow would have been really confusing and hard to navigate as a first-time investor. From what I've researched, Escro...
Courtney James
The importance of mentorship.
In 2019, I made it a goal to find an REI focused mentor to help me develop as an investor and business owner. I started working with my mentor in November and I have really enjoyed my experience so far, I feel as thou...
Marc Toledano
New Out Of State Investor
Hi BP Fam,After 1 year of BP education and saving $ I am ready to take the plunge. I have settled on the Cleveland, OH market and want to start with a multifamily investment. I have found a very reputable Management c...