All Forum Posts by: Jake S.

Hey Linda! Looks like you have ample amounts of repairs/capex set aside, which is always good. I would say the loan interest rate will likely be more around 5.5% due to rentals having higher interest rates. Down payment will likely be 25% not 20% due to it being duplexes

How confident are you on the area and the rehab costs?

Hey Bria!

1. Anything by Robert Kiyosaki
2. Anything by @Brandon Turner :)
3. Any bigger pockets book
4. Tax free wealth by tom wheelright
5. Miracle Mornings
6. So Good they can't ignore you
7. Success Principles

Hey Julie! Why not just refinance that property or get a HELOC against it? How much could you then pull out?

1. Demographics
2. Population
3. Employers in the area
4. Schools
5. Crime rate
6. Job Diversity

1. Unemployment
2. Population
3. Job Diversity
4. Age Demographic
5. Employers
6. Supply and Demand
7. Education 

Definitely was an opportunity, but there are always more opportunities. Hard to come by obviously but they are out there :)

Our group passed on a senior living facility last year when it was worth about $13m due to our capital being tied up at that moment, fast forward to today and it is now cash flowing 15% per year and worth about $20m or so due to the new owners optimizing the property as we likely would have. It was a B class facility and was very well maintained! Kick myself all the time for not pursuing more haha

Great Stuff Corey!

Hey Jon! Welcome to BP. Super pumped to hear you are getting started on your journey :)

@Dominic Licerio Just call/email the brokerage to liquidate your account and you should be good to go from there! It'll take a few days to sell all the shares off

What are you planning to invest in next?! (what type of property)

@Nick Lamagna Awesome, I'll checkout the podcasts tonight. I just sent a message to your inbox. I look forward to hearing back from you!!