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I've identified a property of 10 duplexes that I'm considering purchasing. It is currently experiencing high vacancy levels (50% :shock:) and those units that are rented are at below market rents. My assessment is tha...
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hi there,
Brand new to BP, and looking to invest in my first rental property, ideally a small multi-family. I am looking out of state, since I live in Los Angeles, and certainly can't afford to invest where I live (...
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I bid on a property and stopped when it got to my highest possible bid. It looked like it got bid up way past when it was reasonable. Two days later, I got an email that it's being re-listed at the original starting p...
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Hi BP community, which one would you advise to be the next move for financing of next investment property, given the following options:
1. Get a business line of credit for a single family home owned under our LLC. ...
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Hi guys! I am quite new to the forums. I have been listening to the podcast for a couple of weeks now and finally decided to make a post after getting tons of emails from this specific topic. After listening to maybe ...
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When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...
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Every 6 months or so a Roofstock review pops up and I've completed two purchases with them and so I figured I'd share my experience(s) with everyone here. Both were cash deals on low cost properties in the midwest. In...
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Dear Colleagues,
I’m reaching out to connect with other successful realtors who specialize in working with investors. As a New York realtor with a background in construction and some investment experience (though I’m...
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When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
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Hi everyone!I have been super interested in real estate investing and been a listener to BP since my junior year of college (2018). I finally decided two months ago that I couldn't wait any longer to get into real est...