Christopher Munn
Is This The New Normal?
I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Alan Brymer
Why My Heirs Don't Deserve a Dime
I'd like t get everyone's thoughts on handing over one’s wealth to their children and grandchildren after passing away. The practice has infuriated me for as long as I can remember—mostly because:
1) I am not o...
Kevin Cardinale
"3 Hours Worth of Work for $10,000" am I doing something wrong here?
I keep watching these "guru" videos and they say "3 Hours Worth of Work for $10,000". My question is, what are they not doing that I AM, or what am I doing that I SHOULDN'T?
I walk my neighborhood daily and end up w...
Jason Schmidt
living off of cashing out appreciation?
I am still having a tough time understanding 'cashing out the appreciation' of a house - I still don't fully understand how it works, but I was wondering, does anyone here live off of that? IE - buy property for $150...
James Hiddle
Did Anyone See This Coming?
Did anyone see the sub prime meltdown coming?,did anyone see the housing market crash coming?,did anyone see our top financial institutes go belly up coming? and did anyone see this coming when Wall Street crashed int...
Tito Burgos
Getting started in private money lending
I've been investing in real estate for over 20 years, mostly buy and hold condos and a few flips. I've been saving money to buy a multifamily property but it's been two years, a few close calls but I have not been ab...
Edward C.
How would you invest $70K
Hello all, First off, I would like to say that BP is such an amazing community. Before a friend told me about BP, never in my wildest dreams would I imagine such an amazing resource exists, where experts in real estat...
Josue Vargas
Silly question, which book (as a gift) for new tenant to read?
Hello BP!I will be in the process of renting my new property (Class A/B SFR) next month. What things do you give as a gift and Welcoming package for new tenants (if any)?I was thinking to buy a nice book with tips for...
Rian Ash
Changing Title ownership to own more than 4 properties
Hi BPers,I currently 3 properties- 1 Primary and 2 rentals. They are conventionally financed with both myself and my wife on the mortgage and the title. I am planning to refinance all of the properties and while doing...
Orlando Osuna
Terrible property manager
I've had an awful experience with my property manager in Ohio. 5 empty door out of six. Awful communication, etc. Never owning their shortcoming for blatant mistakes. 3 recent evictions...one property vandalized ...