BP family! I'm very excited! I just closed my first deal as an investor a week ago. After scouting the MLS for months I finally pulled the trigger on a duplex (1 bedroom over 1 bedroom) in West Philadelphia. It's not ...
Hello BP Community! Active Duty Army Engineer about to retire after 22 year of service. Pursuing REI fulltime now, about to close our first syndication -- 41-unit Senior apartment complex in Iowa, PP $3.7M, raised $80...
Greetings all, As I am driving on my way to share knowledge with my current place of employment (that's all it is), I came across an interesting, creative RE idea which generates additional revenue when turned into a ...
Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
Hi all! I walked through a house yesterday, and talked with some very interested sellers. They would like to move quickly from their larger house to a smaller house, and are willing to negotiate. I think we're goin...
Hey all you new (and perhaps not so new) investors!!How's 2018 going? For me, it's been pretty darn busy. Just closed our 3rd deal of the year, (got two more in the pipeline) started a commercial project, launching mo...
What do you use in your contracts as out clauses?
Have you ever had to use them, and if so did it get messy, or go easy?
Also, I hear about those who use an inspection clause as an out? Couldn't your end buyer use t...
I am looking at the BRRR Strategy. When analyzing properties, is there a certain percentage of ARV that you can determine if its a good deal without doing the calculator on every property EX: ARV 300K (must get house ...