Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
Alright So I’m looking to buy soon ( hopefully 1-3 months from this post.)I’m in no rush at all, just a personal goal to find a deal in that time frame and go for it.I’ve been looking a lot into Dallas ( I live in Cal...
How’s it going community ,I had new tenents just move in June the tenent came looked at the house while we were still getting alot of painting and repairs done ready for move in mid July well the tenent landed up c...
Hello fellow BPers,
I have found properties I’m interested in. 1st is 2 buildings 4-1bed each, 2nd is 2 building 4-1bed and 1 building with 3 2bed. All five buildings sale price is $500,000. Realtor says they have c...
Looking for some perspective on management fee. Some background: I toured a 15 unit property with a pm rep and the company worked up a budget for the property based on something similar they manage. The budget has ...
I saw the sticky on top of the page however, I would like to ask if anyone knows of or can share their business plan for a visual reference; I'm kind of lost and confused on how to start one and can't get the right id...
I'll give you some averages I was told and please tell me if any of them are incorrect of if I'm missing anything.
Example property value: $100,000
1. Down payment - 20% of purchase + 4-5k in closing costs = $25,00...
Hello BP,
Please consider this our introduction, and thanks for this opportunity. My wife and I are novice investors and have spent the last 5 years honing our property management skills, learning all we can about inv...
I've been trying to get a fix and flip loan where I can get the rehab portion upfront along with the purchase but all I've been able to find is the kind where the rehab is reimbursed after repairs. This is just my 3r...
Hello!So I am debating on whether a good rental property investment would be best in Richmond or Hampton Roads.I know of some wonderful pockets that would suit my needs in the Hampton Roads area, but a good friend has...