Marvin Briscoe
New please help me with these numbers
3 August 2015 | 15 replies
For example;deal #1 - 4 unit apartment building priced at $29,000. after figuring in expenses, and a 25% vacancy rate it has a cap rate at 28% (32% if we can get it at our offer of $25,000)Red flags - we were originally looking at this building in a package deal with a house converted into 3 apartments.
Mike Lynch
Question about REO / Bank Owned Pricing
11 November 2015 | 7 replies
It is gonna be a red tape pain in the butt already.
Daria B.
Buying properties in area with high foreclosure (yes/no)?
24 July 2015 | 5 replies
From a buy and hold perspective, if you're looking at an area with a lot of foreclosures that could be a red flag since it can be an indicator that the area is on the decline.
Clarence Smith
URGENT Help Needed! Buying a triplex in Philadelphia classified as two family dwelling
22 July 2015 | 11 replies
This is a huge red flag for most unless you have a good strategy for handling it.
Dustin Erwin
Gurus
21 July 2015 | 3 replies
Most of the time if they pressure you to buy something on the spot, that is usually a red flag.
Vincent Keegan
First Investment as a Non-accredited investor
19 August 2016 | 10 replies
Personally, this is a red flag.
Matt Sterling
Would you buy an 8 unit with a sex offender as a tenant?
7 December 2016 | 81 replies
That's a red flag on top of a red flag.
Serge S.
Self Storage opportunity
4 September 2015 | 17 replies
As @Brian Burke says, might as well go to Vegas and bet on red:)
Nick Versetto
Called the bank directly after declined offer
13 August 2015 | 19 replies
I have tried calling the back on some deals and it seems to be a lengthily process, of course because all the red tape we have to get through for the final action.
William Wong
1% Rule in Southern Ontario between Ottawa and Hamilton
26 August 2015 | 25 replies
When you are breaking even and something breaks you are immediately in the red with repair costs, and there are always repair/maintenance costs with a house.