Michael Babin
Multi unit purchase advise
Hi everyone. Looking to get some help with a possible multi unit purchase. The property has a small sfh and 3 duplex units on it with land to expand in future. The taxes are about 4900 per year and insurance is 4000. ...
Jon Rowe
Newbie from Orlando, Florida
Total newbie to real estate investing. Engineer by day, so I am hoping math skills will be helpful for all the analysis I've been seeing. My current goal is to buy a home and rent it out. Looking forward to learnin...
Jamie Silvers
Need a little clarification on Deal Analysis.
Ok I have tired to use the different spread sheets to plug my numbers in and it doesn't take into account a few things or so it seems.I'm going to use my cheapest property to date for this example:Purchase Price: $22,...
Dolina Maharjan
Newbie first deal can't decide
Hi EveryoneI am really struggling to decide if this deal is a good deal for me. I have a duplex offer accepted near Waldo, great location zip code 64113. I am planning on living on one side for a year and renting the...
Heston Vaughan
Analyzing Deals Tips
I've recently gotten a great interest in real estate. I want to start analyzing several deals a day so that I can start getting used to the numbers and be able to see what looks like a decent deal right off. What meth...
Claudia Rottenberger
Am I Doing This Right?
There is a property I am interested in wholesaling. It's in a great neighborhood and the seller is asking for $189,900. The ARV is $270K. Repairs are estimated at only 15K as the property only needs some cosmetic work...
Dan Barentine
Need clarity on cash on cash ratios
A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity
Abraham L.
Have a possible Wholesale deal but need help/advice
Thanks for your help in advance! So I came across a possible deal with someone that is in pre-foreclosure. She is pretty motivated to find a solution. The house is a 4 bed 1 bath 1483 sqf home with basement and gar...
Brandy Hall
Water Sub-metering, How Do I Do It Remotely?
Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...
Chad Deberry
My 2nd Rental
Hello BP,So I went under contract on my second rental today and looking for guidance/reassurance that i'm getting into a descent deal. It's a 3br/1.5ba within 2 minutes from downtown Jacksonville for $64k (listing pri...