Joshua Zajac
First Rental in a small town to reduce risk. Good or Bad?
So after a 2 year drought from BP I finally got my act together and really started to get my mind and personal financial affairs in order. I will be debt free at the end of January. I have already 2 months of an eme...
Jason Lam
Steps of a Direct Mailing Campign
Hi BP Family,I am a new investor looking to start out. As I live in another country looking at all the different methods of finding an off market deal most of which is not going to work for me so I decided to look at ...
Michael Andrews
Help assessing a deal with the 1% rule
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
Stacey Everett
What is the note investor looking for when purchasing an owner-finance note
I have a deal that I am working on. I am fairly new to OF deals. I own the SFR outright. I am selling the property for $125k. The buyers are putting $5k down and financing $120k. since I am fairly new to RE investing,...
Alicia Hensley
cold calling on a fsbo
ok, so I find a what could be a potential deal (needs renovations, fsbo, on the market for over 30 days). I've seen tons of scripts online with great information, BUT I'm not seeing anything on what happens next. Do I...
Sam Lee
analyze this 4 unit deal
Currently looking at a legal 4 unit in logan square in chicago. Seller is asking for $699k which is way off what the market would ask but the property brings in $66k/year in rental income with the opportunity to incre...
Jefferson Harmon
HELP!!! New to flipping
I want to start the BRRRR process soon. I wasn't expecting to flip....however, I have an off market deal that just fell into my lap. If done right I can make a great profit and reinvest that into the BRRRR's. I would ...
Erick De casas
New investor reaching out the BP community
Hey everyone! My name is Erick De Casas and like a lot of you (or all of you) i plan on investing in Real Estate in the future. Im in the California Bay Area but will most likely buy out of state to start. My goal is ...
Joshua Rainwater
How thorough can / should a sample multi-family deal be?
My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
Derek Shipman
experienced bpers chime in please-growing your flipping business
good afternoon bpers-just wanted to get some advice from the experienced investors on here.let me give you my story
**2002 to 2004- (idiot phase)-as a newbie i use my perfect credit to buy 5 homes in dekalb county...