Chris Weiler
Deal Analysis: Would you flip or hold this one?
This single family detached property was built in the 80’s and is in a B+ area of So Cal. I purchased the property cash though a short sale for 202K, put 15K into it and have multiple full price offers at 295K. After ...
Garrett Jefferies
Refinancing vs. Home Equity
Hello all,I'm brand new to BP but have gotten so much already out of the short time I've been a member. I am inspired by the so much support members give to one another. My investment partner and I are in process of p...
Jacqueline Coombs
Land contract rental purchase?
Hi, all. I am relatively new to this. Just bought my first rental property a month ago. I now have an opportunity to buy a LC package deal with 2 homes ( 2/1 and 4/2 duplex and 4/2 SF) for 185k, 6% interest with ballo...
Dave Sanders
TIC Proportionate Ownership
Hi all, I am hoping I am posting this to the right thread, if it even matters. I am new to CRE and am in the process of entering into a TIC structure to purchase a CRE property. Currently, there are two of us in the T...
Daniel F.
Need Financing Advice
Hi,Another new member, who has found a lot of great info in these forums and would appreciate some advice on our situation. We are looking to help out some good friends, knowing full well that friends and investments ...
Norman Wright Jr.
Storage Units: What Should We Consider Before Buying?
We are thinking about purchasing storage units. What are the main considerations we should focus on before making a purchase? i.e. location, number of units, local income levels, etc.
Brian R.
Owatonna Minnesota property manager
I am about to purchase a duplex, and I am looking for a property manager in Owatonna. Can someone recommend anyone in the area they use?Thanks!
Ceasar Rosas
Are you using the 50% rule for expenses?
Good morning BP Family!Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large par...
Kyle Surprenant
Where is everyone getting these 50K personal loans?
Hey All, I'm looking to move to a nicer area and hope to turn the next SFH I purchase into a rental. Due to this I already target certain homes in terms of square footage and bedrooms ect. Anyways some of my best opti...
Doug Danoff
What's your formula for insuring a flip?
Hi All,I've found a flip in the Boston suburbs. First one. So many things to work through!I was curious how experienced flippers calculate the insurance they take out on their rehabs. The combo of vacant and builde...