My team and I have acquired roughly $100M of CRE assets (industrial, retail, office) over the last 2 years and are looking to expand our lender network. We are seeking reputable, experienced lenders who have history dealing with loans for the above asset types in Ohio, North/South Carolina, Georg...
What I'd tell myself before buying door #1 is simple: run the numbers first and do not talk yourself into a bad deal. I buy BRRRR single-family in Memphis under $100K, looking for ARV $180K-$265K. If the rent does not hit the 1% rule, I walk. For a 3BR+, Section 8 rents here run $1,395-$1,950, an...
If you don't run your real estate like a business, it's a charity, or worse. When we sit down with new investor clients, most of them want to talk about the deal. Price, rents, rehab. That stuff matters. But the first thing we usually talk about is the business side: their finances, how they plan...
I bought a property years ago for $350,000. Today it’s worth $700,000. Someone asks me: “Would you buy it today for $700,000?” And suppose my answer is: “Hell no.” Well, then why the hell do I still own it? Every day I don’t sell, I’m effectively choosing the property over the $700,000 I could ha...
Hi everyone, and happy Tuesday! Here's a take I'm ready to defend, and happy to be corrected on: we don't add a contingency buffer anymore. Instead, we price everything down to the last screw. And where we can't be sure what's behind a wall, we split the job into blocks. After each block is opene...
21 days is not a goal I set at closing — it is the schedule I build before the first hammer swings. I buy BRRRR single-family in Memphis, under $100K, and I am aiming at an ARV of $180K-$265K and Section 8 rent of $1,395-$1,950 on a 3BR+. At 236 properties, the thing that kills returns is not a b...
Hello everyone. This is for anyone who has any experience with BTR. What has your experience been? Is it good for a self managing single owner? How much cash do you need to get into it and still be profitable? Really any advice or stories or guidance would be greatly appreciated. Thanks!
My husband and I are both 57, with a goal of retiring within the next five years. We're seriously considering building a portfolio of long-term rental properties to generate additional retirement income, but we're at a crossroads with our existing second home. We're hoping to gain some perspectiv...
Posting this for the BiggerPockets Investor Brief, and the best replies might run in Thursday's edition. On last week's BiggerPockets Podcast (episode 1347), Amelia McGee said her plan for raising the rent on one of her rentals is to "take them all of my expenses and say, look, I have to raise yo...
Hi there! I am a new mom and recently left the corporate world to start building out a RE investing business focused in the Lehigh Valley, although I am currently based right outside of NYC. I just closed on our first property earlier this year and am under contract for our first duplex. My husba...
10 Great Lies Sold to Newbies You can make money “wholesaling” with no capital, experience, or knowledge Your brand new business entity can qualify for credit even if you personally can’t qualify When you identify a great deal money will follow and you can own it all with no investment capital on...
I recently discovered that my property management company forgot to include the $150/month water, sewer, and trash charge in a tenant’s lease. The lease has already been fully executed, so my understanding is that I can’t simply require the tenant to pay an additional $150/month unless they volun...
I found a empty lot in Phx,az, its 10k sqft , literally minutes from downtown, what stands out it has a sort of canal passing by it , could be dry, I never purchased empty land , seller is a big investment company and had it sitting for over a year, looks like they just want to recoup the money t...
I came across a property that would be perfect for a group home, community residence, assisted care, ect. or similar type of property but don't want to actually run it. Another option is to master lease it to a group home operator but I don't know what that process looks like or how reasonable th...
Hi all! I own a few properties in PA and self-manage. Down the line I may bring in outside investors and want to collect a management fee. One question I keep coming back to is whether or not get a real estate license. From what I've read: - PA's owner exemption lets up to 5 partners/officers of ...
I've noticed an increase in new real estate investor pitches utilizing franchise style real estate programs: flipping franchises; wholesaling franchises; HomeVestors type models. When something is sold as a franchise, by law the company has to provide you with a Franchise Disclosure Document (FDD...
Hi Team: My wife and I Closed on our first RTR property on Friday, 10/23/26. We did our homework in looking at multiple avenues for diversifying our investment portfolio. Our Primary Requirements were: A) Must be a landlord friendly state. B) Must be a Turnkey solution, whereby we do NOT interfac...
When a market gets confusing, the people who win are almost never the ones who know a little about everything. They pick one lane, learn it cold, and become the person everybody calls when that kind of deal shows up. Here are six lanes I'm watching in Louisville. Some are hot, some are quiet, and...
Hi everyone! I'm looking to purchase my first rental property and would love some advice from experienced investors. I'm based in California but open to investing out of state. My maximum budget is $150K, although I'd prefer to spend less if I can find a property with good cash flow. My main goal...
Here's something most people who live here don't even know. Louisville has the largest collection of Victorian mansions in the United States. Louisville also has more shotgun houses than any other city in America. Number one in both. The fanciest houses of that era and the plainest, in the same c...
For anyone who has built an ADU in Arizona, how much did it cost to build and how much value does it add? What personally would make it worth it to you to build an ADU on a property to lease out?
I've made more lifelong friends in real estate than I can count. Most of them lasted about three weeks. We were partners. We were building something together. We believed in long-term relationships, mutual trust, and creating opportunities for years to come. Then the deal closed. I haven't heard ...
Mixing personal and rental expenses can make bookkeeping messy and create headaches when tax time rolls around. A separate account and good records can make a big difference when it’s time to review your numbers. Be honest—do you have a separate bank account for every rental, one for all your pro...
Looking at buying single-family homes around Copperas Cove and Killeen — mainly 3-bed, in the 76522 ZIP code area. Anybody here familiar with that market? How are rentals performing out there? Tips or things to watch out for appreciated. Also open to partnering with someone local who knows the gr...
Out-of-state buyers keep getting surprised by their second Houston tax bill, so here's how the protest side works in Harris County. 1) Deadline. HCAD's rule is May 15 or 30 days after the date on your value notice. Miss it and you live with that year's value. 2) iFile and iSettle. The iFile numbe...