I wanted to get some advice on the following opportunity.I have an opportunity to purchase a condo in a good location and whose complex overall has had a historical vacancy rate of about 5%.Single family homes in my a...
Hi!I am getting ready to put my first offer down and wanted to get some advice. This is a house in Huntsville, AL that's in good shape. I would appreciate any feedback! I feel my numbers are pretty solid. My goal ...
So Im currently listening to episode #211 and Brandon keeps saying "Do your own numbers"I'm a newb but I like to think I'm kinda smart so below I list all the number I can think to "do" in order tocalculate a deal. he...
I just go a lead on a rental house in 30035, it will need some fixup, buying price is 55, and I think I should invest 20K more.Rent is approx 750 I think, it's a 3 rooms and 1 bathroom apt, 1050 sqf.What do you think ...
Hello BP,To estimate ARV in a property that I would intend to wholesale, it is necessary to have a good idea of renovation costs correct? Recently, when I was driving for dollars I came across a house that I plan to s...
What's going on BP!?New investor here. I've been studying different materials the last few months from books, podcasts, webinars, forums etc. with the goal of not only purchasing my first home but also making it my fi...
I see this question come up quite often: How do I actually price / value a non-performing note? How much should I pay for "x" NPN? Usually, people respond and ask for more details because of the various potential outc...
What is reconciled market value, and how is it calculated?
Chase told me that after the BPO, they then do an RMV. I said "what the hell is an RMV, and how is it different from the BPO?"
The guy said something along ...
Hello. This is my first post, and I'm just starting out in real estate. Please be patient if I am wrong in any of my assumptions.I own a home in Rotonda West, FL. HOA, no homestead exemption, because my primary reside...
Ok here is the deal. I am working an off market "deal". There are two triplexes for sale that each bring in $19,800/year per building.$19,800 x 2 buildings = 39,600 Total Gross RentThe seller in coming up with their a...