Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
Hi all, I hope everyone has a Merry Christmas and a Happy New Year! I am interested in hearing some of your goals for 2021.
I am tired of wholesalers that exaggerate ARV in their listings. Living in South Florida, I feel like pretty much all of them put unrealistic ARV in their emails as there is no accountability. Should I not expect any...
Hello everyone I’m new to the BP community and have already read a lot of forums for STR in Sevierville TN area but would like some advice on my situation. I’m 25 with a great 9-5 job, my wife just quit her job to sta...
Hey family,
I attended my first tax deed auction in Fulton County, GA on Tuesday. Here are my observations. Majority of what was sold was land. Most of the land ended up selling for $5k -$25k (shocking). There were...
Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
Hello everyone just starting out. I have done tons of research and I think its time for me to actually start. The one thing I can't figure out is how to go around a sellers agent who would ask for proof of funds durin...
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
Hi guys, I am looking to make my first investment but I am overseas, ive been working and saving everything I have so I can have some freedom to do what I want when I get back to the US. I have between 150-250k to sp...