
8 April 2024 | 51 replies
The best comps are: - sales in the last 6 months (last 3 months is optimal)- within 5 miles- same bed/bath count- similar square footage-similar condition (new build, recent rehab, average, good, etc)This is what your lender/appraiser will mainly look at when determining the property's value.

7 April 2024 | 29 replies
You could purchase a property with 9 beds that is fully themed out that is grossing $150/year or so.

5 April 2024 | 2 replies
@Mounish ThatikondaThree beds and one bath is less desirable than having 2 bathrooms or even a half bath. 3/1 can make some of the best purchases because they are functionally obsolete and may get passed up by many buyers allowing you to get a better price.

6 April 2024 | 5 replies
Taking away the garage from the existing tenants will lower the rents on those units.Currently they are:4 bed 2 bath rent = $2,000 3 bed 1.5 bath rent = $1,600I think the 4 bed 2 bath is the one with the partial conversion, and three units might look like:3 bed 1.5 bath = Rent $1,500 (no garage)1 bed 1 bath = Rent $1,1003 bed 1.5 bath with garage = $1,600Don’t be misled by the 6.6 cap rate in the listing, they are just using gross rents which is incorrect. 30% (25% expenses and 5% vacancy is standard in our market), and this is really a 4.7% cap rate.

6 April 2024 | 11 replies
our general rule is baths for beds so we dont buy anything str with less baths than bedrooms?

7 April 2024 | 32 replies
New 2 bed 2 bath 1 car -duplex -$1550 hard but possible. the builder that i purchased from has another similar one coming up

6 April 2024 | 5 replies
It's a 3 bed/ 2 bath about 1,500 square feet.

5 April 2024 | 5 replies
Ideally, a 3 bed 2 bath or more and creative finance must be an option.For agents, wholesalers, and private lenders, I am willing to structure shared ownership/partnership deals so we all win together.

5 April 2024 | 2 replies
We are currently living in a house that has 5 bed 2 bath and has 2 entrances.