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26 September 2024 | 2 replies
I am struggling to analyze deals and find them.
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26 September 2024 | 8 replies
In that respect there are formulas to be mindful of and you should think like the lender when you are analyzing your purchases.At the same time there’s no hard and fast rules or formulas an investor should rely on when underwriting their rental properties.
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26 September 2024 | 10 replies
Thanks everyone for the great advice, analyzing many properities now to make sure they meet my criteria and also make sure the numbers work.
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27 September 2024 | 13 replies
That comes when you've started looking at properties you could actually buy and you start over analyzing because you're afraid to pull the trigger.I experienced this in a different fashion when we bought a property and we were gutting our first kitchen and I didn't want to pull the trigger because I was a little afraid of just ripping everything out and what would actually happen.
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30 September 2024 | 12 replies
But the city has risks too: historic tanneries, dry cleaners, gas stations, garages, workshops, any kind of industrial use - always be suspicious of what people did with chemicals back in the 50s and 60s when the general population had no awareness of the damage I just had to turn down a small development 10 house's or 20 detached as phase 2 found chemicals for the Filbert orchard ( Filberts are hazelnuts ) that was planted 30 years ago.the soil had to be dug down 1 to 2 feet analyzed and hauled to special dump at 3X normal dump fee's.. there is a reason why we do phase 1 and phase 2 and just dont buy this dirt and take on those liabilities.. now to be fair this is for lending purposes is someone want to buy it the county / city would not require the phase 1 or 2 but you take on going risk of someone suing the pants off of you in the future.
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26 September 2024 | 16 replies
@James CrothersTo own 10 rental properties in Cleveland within three years, set financial goals, consider financing options, find deals, build a network, analyze deals wisely, and consider partnerships.
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27 September 2024 | 7 replies
I am actually going to analyze the idea of mid term rental and long term both strategies, in same area and surrondings.
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26 September 2024 | 0 replies
However, once I decided to rent it out, I focused on analyzing the rental market in the area, ensuring the property was priced competitively to attract reliable tenants while generating steady cash flow.
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25 September 2024 | 2 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
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24 September 2024 | 0 replies
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