Hi! So I’ve been listening to the podcast and interested in investing real estate for a few years now. My problem for so long has been the lack of income, I took some chances and struggled for a bit but after changing...
Hi BP Community,
Hope all is well with you. I'm new to BP and a first time investor looking to do my first deal in Missouri. I wanted to get your thoughts on something as it is rather unconventional to me (due to my ...
My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that. NET was reduced by 43%. Consider that the next time you think someone else can manage better than you.
Recently found a listing that has the following information in the description,"Siegel-Gallagher, Inc., on behalf of the owner, is offering for sale a 100% fee simple interest in the 40-unit multifamily property"Can s...
To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...
Hello BP,I am a recent graduate from Rutgers University in NJ. I obtained my Bachelor's in Civil Engineering. However, I decided to go the Project Management Route. After 1.5 years of working as a Project Engineer, I'...
When bringing in private money investors to buy large MF complexes, what are typical splits for cash flow and equity at sale between managing member and non-managing members?
My wife and I are about to start our first direct mail marketing campaign after many years of thinking about doing it. I would love your feedback on my template below. This letter will be sent exclusively to driving f...
Hi LV Bigger Pockets,I've got a property in Las Vegas that I am having a very hard time finding a tenant for the "traditional" way. Home has currently sat on the market vacant for two months, coming up on a third. I k...
Hello, I'm currently investing Memphis area from California. I have two PM companies in my mind to take care of my properties but one charges 50% of first month and other one charges 100%.What's normal rate for first ...