Hello BP members, We are looking at an 8 unit MFU for an asking prince of $419,000. A price per unit of $52,375 with a projected 7.47% Cap Rate in 2015 or projected 11.16% @ 100% occupancy. Right now 7/8 units are ren...

Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...

What have your experiences been like for each loan type? When doing private loans, what kind of interest % are you usually offering to pay? Lastly, what kind of calculators do you use to determine total interest owed ...

Hello BP - looking for assistance in analyzing my first deal.  I just put it through the rental calculator and BRRRR calculator and it does not look promising from a Cash on Cash return perspective.  I'm wondering if ...

Today I met with a charming and intelligent lady at her sisters house. Her sister recently passed away and she is the sole heir and executor of the estate. We visited and talked for two hours at which point she ag...

Need help analyzing my first deal. It's in a c class neighborhood in Warren MI. Price 105,000 rent ready. 3 bed 1 bath, basement and garage. Expected rent 1200. Expected taxes 3200 (unbelievable to me!). It meets 1% b...

I'm trying to just get some info.  I currently own a 3 family and would like to get into renting more properties.  I don't have a large down payment so am beginning to look seriously at house hacking.  So, refinancing...

Hi So I had a contractor removed and installed a new steam boiler. He is supposed to come back and do a skimming on the system after 2 weeks, but he never came back.My urgent question:- The automatic feeder that he in...

Good morning BP,I have seen a lot of posts about people wanting to get into wholesaling. Here are some things you need to know before starting:To preface this post, I have been wholesaling full-time for a little over ...

Hello all. This is my first post here so I apologize if it is in the wrong place. I recently graduated college and renting a place near where I work. The part of the city where I live has a relatively good rental mark...