My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
Ok time for a reality check. I'm busy. You're busy. We're all busy! And we're all on BP. Some are learning from others, some are sharing their knowledge with others. But all of you are spending time here. And some of...
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
Did anyone ever bought a multifamily in southern California as their first investment?
I'm assuming most will answer that question with a "no" (or "HELL NO!") but are there any landlords out there who allow rental applicants to view their properties alone without themselves or someone from their propert...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
An agent that I'm working with, told me he has a short sale listed that is a "good deal". Here are some of the specs:
*On the market 91 days
*3 bdrm/2 baths townhome
*Price was reduced from $199k to $175k to $169k
*...
I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...