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16 September 2017 | 14 replies
And when you start looking and low-dollar properties you can have small dollar amounts making a big shift in cash-on-cash returns.Just for easy math (ignore impracticalities): $70K purchase price means $17,500 down.So you need $1,750 in cash-flow to make your 10% goal.If you get $1,500 it's an 8.5% cash-on-cash return.
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11 September 2017 | 17 replies
I saw that some people had extremely low cost basis on something that was worth a significant amount.
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11 September 2017 | 5 replies
I am currently screening tenants for my rental apartment, a few of them have good credit score (above 700) but their credit history is only 0.5-1 year old. Can this be a good enough reason to deny their application?
24 September 2017 | 16 replies
The last guy offered to do this for the low fee of only $12,000.
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12 September 2017 | 6 replies
Another thing to consider is that NOLA had quite a few areas that were filled with low value housing.
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11 September 2017 | 6 replies
Personally, I never felt good about trying to buy as low as possible, especially when sellers were struggling somehow in their lives and then attempting to profit by putting lipstick and paint on their pig.
14 September 2017 | 6 replies
I am a beginner investor in Metro Atlanta and i have been expanding my knowledge on real estate and the right way to invest in real estate is through various books like rich dad poor dad, ABC's of real estate investing, BP book on low and no money down investing, and multifamily millions by david lindahl to prepare myself on how to build wealth from funds i will soon be recieving that i plan on making moves with.
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11 September 2017 | 2 replies
Use city-data to see where the low income and below poverty areas are.
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13 September 2017 | 1 reply
Hello Colorado BP Members,I'm nearing the end of the my studies for a Colorado Broker license, and I'm looking for a low cost brokerage to hang my license at to meet the 2 year requirement.
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16 September 2017 | 1 reply
Housing and Urban Development today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.Yesterday, President Trump issued a major disaster declaration for Culebra and Vieques municipalities.