Mary Hoyt
paying more than appraised value?
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Allen Maris
Investors wanting to get their RE license should read...
I've been licensed for about a year now and had been working under a broker for about 8 months.I just did my 5th yellow letter campaign in my area and an agent received one and they called and complained to their area...
Matt Turcutto
HELP Discouraged flipper with dismal direct mail campaign results
I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...
BA R.
Have I lost my mind or does this make sense to anyone else?
I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
Daniil Kleyman
ROI vs. ROE vs. Cash on Cash
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
Jorge Abreu
Opening Up America Again - What Does This Mean for Real Estate
I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
Jon Zhou
Ashcroft capital: Additional 20% capital call
After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...
Demetrius Davis
Chicago Deals Are Needles in Haystacks
The past few weeks have left me very pessimistic. I'm feeling that the good times are very likely winding down for finding good deals in Chicago. Seems that lots of properties are overpriced and good deals are wrapped...
Sean Brennan
$5k in 30 days!
Haha. So, I heard some audio from a guru I'd rather not name. His quick start program to $5k in 30 days is this:
1. Send 500 yellow letters to absentee owners that bought before 2003.
2. Field every single call ...