Tyler Kesling
Check my work
One week into my journey and I'm starting to analyze deals. I found 80 units / $5M / 95% occupancy / 6.11% cap (claim) / $305K NOI / also included in the listing is comps stating we can get an extra $200+/ month. I fo...
Justin Pumpr
Experiened, but struggling REI - Advice needed
Hey all,I'm seeking some advice/input to help me work out what's next for me. Some background:I got into REI to earn enough income from rentals to replace my W2. That journey started in 2016 when I bought a duplex to ...
Jean Bolger
What do you think of this seller's Schedule E...
I was looking at a group of 4 fourplexes as a package deal. I had done my projections (yay! 50% rule) and things were looking good. Showed it to my lender, things were looking quite good. (yay!) Then, I get the seller...
Wayne Shi
Start up a new stripmall project
Bought one acre of commercial land beside a high school which has about 3000 students and 500 staffs at San Antonio Texas. I am planning to build a 10~12K sqft strip with 6 units, which type of business will be well f...
Evan Ross
Managing rent increases
Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
Justin Greenwood
Understanding IRR Calculations in Frank Gallinelli's book
Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...
Chris Pelletier
I think I found a winner!!
We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...
David Zheng
My biggest deal ever... and it went bust. (sort of)
Hi BP Fam, Previously I mentioned I was onto a large deal that I thought would be an absolute killer. Well...turns out things don't always work out as planned. I'm not happy about the results on this deal that I've be...
Nick Gerli
Which Markets are Oversupplied?
Building Permits provide a snapshot into what the supply pipeline (new homes and apartments) in a market will look like in 12-24 months time. The more supply dropped into a market, the more growth needed to keep occup...
Bhavna Chopra
Buy and Hold property advise!!!
Hi Everyone, I am a new member from Dublin CA. My husband and I are planning to buy our 1st investment/ rental property in the East Bay area and are looking for some advise. Our budget is around $500K ( Looking for...