Ellis Hammond
Should I adhere to the 1% rule in a low cap rate market???
In a market like southern California where the cap rates are for the most part under 5% it has been very difficult for me to find any type of MF property that meets the 1% rule (rents being at least 1% of purchase pri...
Marcus Craighead
New kid on the block
Hello everyone, my name is Marcus Craighead, im am new to the BP group and the investment world. I currently stay in the south suburbs of Chicago, looking to buy my first investment property, because i believe real es...
Pandu Chimata
Pre-inspection and appraisal before listing
Fellow real estate investors, I am currently working on a flip and this being my first flip, I would like to know your thoughts.Based on the comps, we knew at the time of the buying and during construction what is goi...
Tyler Dennison
We are about to close on our first Rental! Help!
Hi Everyone,We got our offer accepted on our first rental property and now the process is moving forward. This is a scary time but we are excited to move forward and build our portfolio. What I was hoping to get som...
Nick Cecchini
New to REI & BP - Boston seems like an anomaly!
I found out about BP about a month ago and since have gone back to 2013 and gave myself a crash course with the podcast (which has been incredibly useful!)I’ve been tracking the Boston market in preparation for my sec...
Jeff Green
How to find owner of a property in a trust
I'm interested in making an investment on an apartment complex. The tax records say that it is owned under a trust. The last time it was sold was 1984 and the previous owner has no record of who he sold it to 25 yea...
Michael Shadow
Advice on Sheriff sales
I'm going to my first Sheriff's sale next week just to see how things are run. But before I go I want to do my homework as if I were going to purchase a property.
So my question is does anyone here have any experi...
Alida D.
Absentee direct mail
I am wondering how you all do an absentee direct mail piece to ie. 2,000 homeowners using a service that prints and mails them for you. It has to be genereic and say "homeowner" and it doesn't list where the house is...
David Cochran
My First 4-Plex Deal
What would you expect to pay for a 4- Plex near a college campus that has 4 units, each 2 bed and 1 1/2 baths? Each unit rents for $750.00 a month and it doesn't require much maintenance as it is a newer building. Exp...
Imane Zahri
investing tips.
Hi everyone, I am new to he forum as well as real estate market. I have been thinking about making profit buy purchasing rental properties but in Silicon Valley prices are over my budget, I m considering las vegas, or...