Braden J.
My first property
My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...
Luis Sosa
I either don’t get it or this deal does not make sense to BRRRR
Hello all, I am a full time firefighter/paramedic and a “part time” which is more like full time real estate investor. I mostly do fix and flips but I am looking to add to my 2 door portfolio of rentals. I have zero,...
Emrah Latic
First time Investor-I have a few questions, can you answer them?
Hello everyone, first off I want to thank everyone ahead of time for any insights and advice that you guys can give me. My name is Emrah and I am 21 years old. I want to expand what I do and I want to start investing ...
Will F.
How do you determine local CAP rates and expenses? Los Angeles
I'm looking into NELA Northeast Los Angeles, Downtown Los Angeles outskirts, and Long Beach for Cap Rates and expense rates.What do investors look for in CAP rate for Northeast Los Angeles, or Long Beach? For example...
Christopher Hui
Putting my first offer for 3-Unit Property! Advice Needed
Hey BP! It's been almost a month since I've first joined the community and started to learn about the business. I've been researching multiple multi-family properties, typically triplexes, and one just came on the mar...
Amir B.
Local Investment Loan Advice
Hello BP Community,I have decided to give up on house hacking using a FHA loan. Negative cash flow is never a good start to a RE career. That being said, this opens more doors for me using a conventional investment lo...
Tyler Cruz
ACTUAL Repair and CapEx Costs?
Hi,I've been looking for a property for about 8 months now and am now getting very close to purchasing a place. I've learned a ton in the past 8 months and have focused on "doing the math", and I have pretty ridiculou...
Samuel Hall
Rehab analysis, Denver
Hey folks, I am practicing my deal analysis and want some feedback. Are my methods sound, am I missing any information?I went to the Denver foreclosure listing and picked a random property: 1592 SOUTH KRAMERIA STREET ...
Jason Eyerly
I Accidentally May Have A Property Under Contract - Now What?
Hello everyone,I threw out an offer to get a property under contract. Comps are 180k and they're asking 160k but it's a motivated seller. I highlighted the landscaping needs, significant reno and rehab, and offered to...
Vanessa Marchand
Rookie Refinance Question
I'm almost embarrassed to ask (well, I AM embarrassed to ask) having had a 20 year stint in banking. When you refinance your loan to get a better rate, your amortization resets and you're back to square one as it rela...