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After two years of educating myself on the pros and cons of real estate investing I'm three weeks away from my first closing date (February 12th). I live and work in New Jersey but chose to invest in a single family r...
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Hello BP,Hope all is well with everyone. I am in Lynn, Ma area which is basically the Boston area. The buyer competition is beyond aggressive. I have clients who get over bided on aggressive offers. Example: (SF)Price...
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The short. Potential income stream from tenant electricity. Install solar for say .15 kwh. Sell to tenant for market. So cal edision low tier is .26kwh. .09 kwh profit. So if a rental uses 10,000 kwh. Thats a $900 inc...
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Hey all!
Long story short, I've been using a line of credit ($300k @ 5%) and have completed several flips so far this year. However, taxes & commissions are quickly making me realize that I want to get into BRRRR...
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Background: I own 2 4-bedroom rental homes in Baton Rouge, LA for purely college students (upperclassman) - both profit over $500/month after property management fees. 2 partners of mine and I are looking for new real...
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Hey all,In the recent months, I had several opportunities to become a property manager for several rental units (individual units in condo buildings) and more recent managing a whole condo building for an association....
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I have a lump sum of money that I would like to invest in real estate. I am a true beginner and I’m wondering should I buy the investment cash and fix it up and either rent it or flip it or should I take out a mortgag...
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Hello BP,
I am in the middle of my first ground-up development deal - a 48-unit ground up MF - and need help determining if I am in fact insane for thinking I can do this as my first deal.
My partner and I recently...
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During a title search, the seller's (wholesaler) attorney informed me that the current deed (from the original seller) has a clause that states the property could only be used for low or very low income households. Th...
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Hey everyone,I'm not necessarily looking to do these types of deals anytime soon, but I've been listening to the podcast from the start and keep hearing about syndication and private equity deals.My question is: How d...