Sunny C.
Self directed Ira and partner
I have a self-directed IRA and we have found a property that I need to rehab as my self-directed IRA does not have sufficient funds I have entered into a partnership with an individual and we are going to go 50 50. On...
Caplan Abbey
Small Investors Lose Major Deal because Of Math Problem
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
Jason Walkowicz
Subject to deal 10 properties
I have a possible 10 property deal that the seller is willing to do subject to existing financing. The primary issue is even though there is positive cash flow on the 10 properties the existing debt on the portfolio ...
James Park
At what level of leverage can you sleep at night peacefully?
I am curious to know from the BP members at what level of leverage on your real estate investments do you feel that you can sleep at night peacefully?
One of the REI books I've read said that even if you have a morta...
Brett Dufur
How to structure "wrap" loan on three 4-plexes
Hello! I'm looking at an interesting investment, but I need your advice on how to seal the deal.I'm talking to an elderly gentleman in his 70s, who still manages 100+ units(!!). He wants to make me a "sweet-heart of a...
Logan Hicks
I have Incredible cash flow, but HORRIBLE credit
What can I do?My scores are in the very high fives, to low 600s. I am officially paying off the last of my collections this thursday, and then Ill be collections free, and I can be debt free in less than 6 months afte...
Joey Llamas
How to determine a criteria for a House Hack
Hey BP!I was studying Real-estate and a question came to my mind. When determining if a potential house will be great for house hacking what is the criteria to look for? Should i be using Cap rates, COC return, or whi...
Mel Park
I paid over asking, I feel dirty lol
I've had (2) rentals in Northern Virgnia for years and have been looking to add. Anyways, I just bought my first townhome in Metro Atlanta (Acworth). I paid $7,500 over asking price. NET of *all* expenses, manage...
Jon S.
Formula? Is equity high enough to justify selling? Sell / Hold?
When comparing sell or hold options, what formulas are most helpful? What is the ratio that drives you to decide one way or the other? I have a bit of equity on a property with very low debt, and it looks like prices ...
David Rosen
Property Management Pre-authorized Repair Limit
I own some properties (mostly duplexes) in Cleveland, OH and have been looking for a new property manager. In looking for a manger I see that there is a wide range of maximum repair value that the management can autho...