Hello Bp,First, I would like to say it's truly a pleasure being a part of the BP Family. Bp has really provided inspiration for me to get out and make a deal happen in real estate. My name is Melvin Rose and I'm a rea...
My Wife Sacha and I are Airline Pilots and have been for some 23 years. We started our Real Estate journey shortly after getting married in 2000 whilst living in England. Unfortunately all the available property was w...
OK, This is it. I've read, perused, thought, re-thought, scared myself on more than one occasion, and have convinced myself that this is what I want to do. So what I need, what I'm asking from this community is helpin...
Hi All, I'm looking at a few sfr properties in the midwest with cash flow potential and I'm having some trouble with the maintenance/repair/CAPEX numbers. Currently, I am budgeting the following: Maintenance/Repair: 7...
Hello BP, With covid-19 and social distancing affecting construction projects HML's have lowered LTV and increased down payments and some have slowed lending on anything greater than minor rehab projects. I have been...
Hey everyone!I've been reading tons of articles and posts on this site, so I figured I should join up and ask some questions of my own.So, first things first. I'm 18, which brings me to my first question. Can I even g...
There are obvious situation were it just makes sense to hire a property manager. Out-of-state investments would certainly be one situation. For some it may be difficult if they had a full time plus job.
I know some...
I saw this on the news and thought it post worthy. A local "property management" CEO was sent to jail for bad rentals. I wonder how much of this type of thing is going on in my dear city?http://wreg.com/2015/11/15/p...
I am soliciting proposals from general contractors for extensive rehab work on a rental property. What should I expect these proposals to look like?I asked GCs to provide cost broken down by individual project (e.g., ...
Hey BP! I have some money saved up and am ready to start my REI journey. When I sat down a while ago to figure out exactly how I want to go about this, I decided on the following:1) Save up money enough to finance a B...