Claudio Golia
Hello CT REI's
Just wanted to say hello to the folks here in the CT forum. I've been a BP member for approximately 4 months, but had been absent due to other distractions. No excuses, I just didn't make this a priority,I'm back now...
Ryan DiCanio
How does a preferred return work?
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
Lincoln Coverdale
Mold found during purchase inspection and Seller won't negotiate
We have a 3 unit under contract in the Cleveland Ohio area and found mold in the basement (unoccupied common space) and the 3rd floor (occupied space). We brought in our mold remediation contractor and had an assessm...
Jackson Harris
Starting Out In Phoenix At 24!
Hello BP Community!
Been doing a ton of research on REI over the past few months and am ready to pull the trigger next year. I wanted to cover my why and what first to give a good picture of where I'm at current st...
Susan Owen
Out of state rental property exit strategy advice
Hi all.Here is my scenario:Bought a duplex out of state last year. I took a HELOC on my primary residence for $200k.Used 35k down, 12k burned by a nefarious “contractor”, we eventually obtained a real contractor who d...
George Kamerzan
Adverse Possesion & Boundary Dispute
I purchased a house with .33 acres in WA state, after carefully measuring it seems I only have .27. Apparently the neighbor to the back and side of me has been using my land(he built a little road for his truck and bu...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Tiffany Milan
How did you know you were ready to start?
When you began in REI, how did you know that you were ready to make offers and look for buyers? Did you wait until you got a complete understanding of REI? Or did you just jump in once you had a basic understanding?
David Klick
$500M+ Commercial Deal - Investor possible?
I have been working on a large mix-use commercial opportunity. I have an investment group who is willing to put up 99% of the money for this venture in phases, with 1% being raised by myself in exchange for a JV t...
John Guy
Options on raising capital?
Greetings!
First off, extremely grateful for the BP community. A full year of reading BP material and listening to podcasts has put me in an incredible state of paralysis analysis and I need some guidance on my next ...