Jeffrey Lester
I'm back after about a year – My College Experience Thus Far and Evaluating My Future
Hi all, It's been a while. I've been very busy this year and was never extremely active on the forums, but I have been an avid reader on the site and a regular Podcast listener. A while ago, I posted to the forums, "W...
Johnathan Butler
How should I Proceed With This Deal in Philadelphia
Good Evening BP Nation,I have a potential opportunity to put together a deal but am not exactly sure how to proceed. Situation: My mother-in-law owns a house in the Point Breeze neighborhood in Philadelphia. There is ...
Justin Pumpr
First Time Deal Split And General Partner Advice
Hi all! Thanks for taking the time to read this. Hopefully you can all help convince me this is either a great deal, or a terrible idea.I have a potentially great deal that was brought to me by a member of BP. I conta...
Wesley C.
Is siding to replace rot an improvement or repair
I've got a house with fiber board siding that is rotting on three sides of the house. I'm going to put vinyl siding on the three sides of the house that are rotting and and leave the front of the house fiber board be...
Gabe Goudreau
Understanding Internal Rate of Return
Hey BP Community,
Recently I've been trying to wrap my head around what exactly IRR is, and how to compute when underwriting a deal. From my understanding, it is the rate of return that an investment offers based on...
Oscar Garcia
Introduction I’m extremely new
Hello I’m extremely new to this space and idea. I’ve been doing research for a few months and decided this is something that I would like to get into. I’m interested in learning from the beginning to end. I understand...
Nicholas Ayala
Loan Shopping | Big Bank, Credit Union, or Loan Officer?
Getting the ball moving by working on getting pre-qualified. Helpful to know what I can really afford. Wasn't too sure if I should look towards doing it through a Big Bank (like Wells Fargo, etc.), Credit Union (i.e. ...
Gabriel Tapang
Real Estate Broker dues
Hi team,I originally obtained my Oregon RE Broker license in order to have access to the MLS and to be able to run accurate comps for my investing purposes - not to assist people in buying/selling property. I signed u...
Michael Cha
Should I Buy Another Property?
Hi all,I am new to the site and being a property owner. I bought a condo in June of 2020 and am looking to rent it out in June of 2021. My question is if I:1) Should buy another property with 5% down - with the hopes ...
JayCinta Henry
Heloc Lenders 10-20k range
Talked to Penfed but they said their minimum heloc is 25k, my rental came in at a possible 15k. Do you guys know of any institutions that can go that lower?