Rich Weese
I still like new const over rehabbing
I've previously posted results of homes built recently compared to rehabbing. Due to our area BOOMING with new buyers, my most recent closing is what I consider a home run. From first shovel to receiving escrow closin...
Terry Sutherland
too good of a deal? hard money
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Jon Carter
Help!! My Wife Only Gave Me $10K
So here's my challenge. I want to start investing in RE but my wife isn't so thrilled. She says I can have $10K to start out with. If I can make some money using that she says I can have more. (Guess who pays the ...
Ross Kline
Is Losing Money Normal In the Beginning?
I've been analyzing deals for a couple weeks now. A mix of single-family, small multi-family, BRRRR, and even a 20-unit apartment.I'm a numbers guy, so I've done my research and believe I am using accurate numbers whe...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
Hi BP family, would anyone have recommendations on the best way to find offmarket syndication opportunities with GPs/operators that have great track records? I'm avoiding deals provided through platforms like FundRise...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Chris Gawlik
People think we're nuts
Hey everyone. We are selling our primary residence and moving into a travel trailer behind my parents house. We live in one of the nicest neighborhoods in town. I have a family of 6. A kid in high school and all the...
Nick Colvill
Buying multiple properties in year 1 - can I keep this up?
Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
Richard E.
Thoughts on Vacation Markets w/ rising rates/economic slowdown?
Hi all,I am a little curious what veteran STR people think about the current market- specifically, VACATION ONLY MARKETS. By vacation only markets, I mean places where basically nobody is moving for a primary residenc...