Russell McCluskey
Single family home or owner occupied multifamily for first home
17 May 2018 | 8 replies
The problem that I am running into is that with $20k down in my market (SLC, Utah) my available properties are slim and I often find that after analyzing properties that I will not be in positive cash flow as owner occupied or even with the anticipated cash flow after moving out with each unit fully rented with anticipated rent raises.
Andrew Balogh
As a wholesaler, how do you incentivize real estate agents?
19 May 2018 | 1 reply
I wrote a BiggerPockets blog post on how to find comps and calculate the ARV of a potential deal: https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueHappy to answer any questions about that blog post or the process in general.As far as finding potential deals, those are slim on the MLS and you'll get the largest spread for your buyers by looking off-market.
Joseph Platyan
What’s An Acceptable Cap Rate
19 May 2018 | 5 replies
I can beat that in many other areas with less hassles.Some triple net commercial may be worth analyzing at closer to 5 but the hunting is difficult and probability of success slim in my market.
Jacob Rivera
Looking at Flip but Contractor & Realtor Strongly Disagree
24 May 2018 | 9 replies
I can barely get paint and carpet and cleaning done for these amounts.But I would think that even a pretty minimal rehab would be higher than what both estimated...and with the slim margins, I dont see a property worth buying here.
Loc Nguyen
Real estate courses
27 June 2008 | 11 replies
Im not going to tell you not to buy any courses but I would agree with what Slim says.
Mark Minehart
Rookie Mistake-Can't move prop from my name to LLC w/o refi
27 June 2009 | 25 replies
Slim to none.
Account Closed
exit strategies for short sale
20 August 2008 | 33 replies
They may 'approve' a short sale that has too slim a margin to be profitable.
Jason Becher
Rent recovery service
26 December 2008 | 5 replies
In the past I assumed that it wasn't worth it to go after a debt after eviction because of the very slim chance I actually collect anything.I had not considered that there would be services that would only charge a % of the recovered amount.
Dave Nardi
Need some advice from seasoned REO agent.
31 December 2008 | 2 replies
If that is the case my honest answer to you is going to be keep trying but the chances are slim.