Bryan Hancock
Quick Model Template - Small Apartment Complexes
I used Josh's new file vault this evening to upload a beginner model for evaluating small apartment complexes. I would appreciate feedback if people want to take a look:
Pro Forma Template - Small Apartments
Hopefu...
Chad Tate
The Dave Ramsey Dilemma
As a newbie with limited capital from which to begin investing, and a Dave Ramsey fan, I'm struggling with how to justify REI knowing he teaches to do everything with cash, including REI. In fact, it would seem that a...
Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Kurt Charles
RE wholesaling in Florida is highly illegal?
Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Mo Farraj
New Flipper - Would love some advice
Hello all, my name is Mo. Very happy to be part of this forum, and was hoping I could gain some advice from you wonderful people. I have a finance background, I've been day trading for over 7 years now. I've decided t...
John Zhao
Invest out of states
Do you guys have any idea of good places to invest outside of California ?
Any input would be appreciated ! !
Kian T.
Rental Property - Hold or Sell
Thanks in advance for reading. I've been agonizing over this for months now, so I am hoping for some advice that may help me make the next best move (or not). In 2011, I purchased the home I grew up from in the Bay Ar...
Michael Randle
HELOC to make downpayment on Multi-Family?
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Mark S.
Targeted Occupancy for Multi-Family Syndication
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...