Im looking at this brand new 4 plex that is still bing built. They are asking for $819,000, I'm going to offer $450,000. Sounds ridiculous but $819,000 is a ridiculous price to try and cash flow at.2 bed/1.5 bath. 110...
We are buying a plot of land where we are planning to build some retail space (in talks with a national franchise already that likes location).We did the Phase 1, which found nothing. However, being that we are next t...
My old economics teacher is a very intelligent entrepreneur/Investor. How do you ask investors out for lunch and or dinner? When they agree for lunch/dinner how do you start conversation of wanting to do business with...
My wife and I are currently working with a contractor who is addressing a foundation issue with an older duplex that we purchased last fall. Unfortunately, we discovered that the main support beams in the floor of th...
Hi,Just made an offer on a house located in an opportunity zone and trying to figures the particulars of how it works.From my research I have some understanding of the big picture of the zones but am quite confused ab...
Hello Everyone, I want to know how everyone is adapting to this new way of working. Here in Tampa I see a lot of investors betting on new construction and rentals, while fix and flips are left behind. I think that the...
Hello BP Members,
My name is Bob Proudfit and I have been a BP member for a little while now but thought it time to introduce myself. I actually live in the Village of Waunakee, which is really a 'burb of Madison, W...
Hello BP members,My name is Brett B. and I am an investor from Houston, TX area. I currently own 117 units ranging from 8 plexes to a 48 unit property. I am currently under contract for another 29 units and a 24 unit....
Hey BP,
I'm in the process of acquiring a 6 unit complex in the midwest. The building sits behind an alley where it is common to add parking from the alley to the back. There is a backyard to the property that we w...
My husband and I have successfully flipped a house that didn't work as a rental and have the money in a 1031 exchange, so we're looking for a rental place to purchase as our replacement property. We'd ideally like a m...