In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
My wife and I are just about to make our first offer on a couple of BRRRR properties. We have completed the prep in reviewing comps, using the amazing BP calculators!, walkthroughs with contractors, and reviewing our...
Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...
If i take over a loan sub2 that has an interest rate of 7.5%, is there a way for me to negotiate with the bank to reduce the rate?
There seems to be a common sentiment that buying turnkey rental properties means you are leaving money on the table. I understand this viewpoint because the turnkey company does have to make money somehow and their pr...
This is one way to kind of see the order of it all.
The Professional Investor’s Plan
The art of using high-leveraged activities
Strategy as defined here would be the science of planning and directing exactly how you...
I had my rental open house today, I had set up two appointments to show the units, and had 4 other people who were going to call today to let me know when they would be able to come. One of the people who was going to...
Hi this is my first post. I really want to make my first investment, but i dont know where to begin. I was thinking of joining a REI club nearby, and from there, i'm really unsure how to proceed. I live in San Mateo C...
Hi BP gang,I find myself in a strange predicament. We are under contract for a house that had an advertised rent with an advertised rented out period. "Fully rented until 2016!" Yeah - I know - should have seen it co...
Good Morning Everyone,I use to be a pro member but have cut back on my finance to put towards my first investment. After 2 years of learning, I have come to realize there is no such thing as "No money down from a lend...