Jimmy Wellman
I'd like more specificity about the ROI on an average flip. Can you help?
I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
Zachary Harris
Can you charge tenants or landlords a "finders" fee?
Is it possible to have a business that connects buyers to sellers and sellers to buyers, and in the process charge a "finders" fee?
Kim Hopkins
Battle of the Inflation VS Return Math
I recently listened to a podcast interview with a very accomplished and intelligent syndicator. He said that the annual return you anticipate for your investors needs to be at least equal to the rate of inflation in o...
Diva Rescia
multi family lenders for out of state deals
I am looking to purchase a 20 unit deal out of state. I currently live in CA, but looking to invest in a different state. Other than speaking with a mortgage broker, almost all the local lenders (commercial) mention...
Tandi H.
Evaluating a 10-plex - first time with larger properties
I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
Shay Ghafoor
My journey so far…..
Hello Bigger Pocket peeps, I created my profile in 2015 and haven’t been very active on here. I’m not very smart and kind of slow. Over the last couple of decades, I’ve been in the motel business, owned several c-stor...
Cole Allen
First STR questions
Hey all! I started my REI journey in Q4 of last year and have since picked up 2 properties. They are local long term rentals with very little if any cash flow. But it got me in the game and they’re in great areas🙏Tha...
Robert Grunnah
Need Insurance Company that Specializes in Investment Property
My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a pro...
Chris Reichelt
23 Unit Review- It looks good to a newbie
Hi all!So I own a few SFR and want to move up to apartment complexes. I live in NJ and have analyzed several deals here, however, there seems to be better opportunities in Philly. Ive come across this one and It seems...
Joseph St. Clair
Financing Mixed Use Multifamily Installment Purchase
Hi BP,I have found a fairly good opportunity and turnkey rental being sold by landlords looking to retire. The only problem is I am having trouble financing it. The overall cost is $75k and it is bringing in $1550 mon...