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2 October 2021 | 6 replies
Purchase price: $110,000 Cash invested: $37,000Investment 01After analyzing the property and the market I took the leap and purchased myself. 30% Down - 2.99% Rate - 15 year - Market Rental Rate - $1595 per monthCondo HOA Includes Trash, Water, Sewer, Outside Maintenance, Parking, Pool, ClubhouseMinimal repairs needed and immediate cashflow the days after closing.Next investment goals will be in Orlando, Florida & Puerto Rico.What made you interested in investing in this type of deal?
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29 September 2021 | 3 replies
First would be to search the online listing, see what's available and practice analyzing/underwriting the deal to make sure it makes sense.
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5 October 2021 | 6 replies
If you're looking at multifamily, Michael Blank's Syndicated Deal Analyzer is very popular.
30 September 2021 | 4 replies
We have also secured a real estate agent who will only take 4% commission and who will guide us through the process.Obviously our plan is very elementary in nature as we have analyzed a minimal amount of deals and are not entirely confident in our abilities to determine the ideal purchase.
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29 September 2021 | 0 replies
I am looking to connect with someone who is good at analyzing properties and coming up with on point numbers as this is key when finding deals.
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29 September 2021 | 3 replies
New to bigger pockets community, however i have been studying and reviewing tons of information from books and podcasts regarding rental properties. I am from regina sk, Canada. i currently have a single rental proper...
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11 October 2021 | 7 replies
Make sure you are analyzing the properties really well before purchase and make sure that it will cash flow properly when you refinance out of it.
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30 September 2021 | 2 replies
I have analyzed a few properties and the numbers weren’t fantastic on the first few...
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15 October 2021 | 2 replies
After analyzing, $750,000 wasn't worth it either.
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30 September 2021 | 0 replies
I am curious to know what resources everybody uses to analyze a market’s economic trends and what indicators you specifically watch out for?