Ellis Moore
Structuring an owner financed wholesale deal
10 September 2017 | 2 replies
Once I give the details of the owner financing how should I structure it to include some meat on the bones for me as the wholesaler assigning the contract.Thanks
Amanda Van Pelt
No separate meter or main breaker in duplex
13 September 2017 | 9 replies
You have one meter I assume electric is included.
John Martin
Miami: in contract. time to negotiate?
10 September 2017 | 8 replies
Depending on the damage, this hurricane will definitely affect real estate prices in South Florida including Miami.
Paul Brown
How does Zillow find the downpayment amount?
9 September 2017 | 2 replies
Well i paid 173000 total including the downpayment and thats what Zillow shows for how much the home sold for.
Monte Blunk
Will you help Analyze a deal for me?
3 October 2017 | 10 replies
At some point, you'll have to replace roofs/water heaters/ furnace/ AC coil/ upgrade kitchen and baths and the rental income needs to be able to support it.Property analysis should include PM.
David Houghtaling
New to BiggerPockets
10 September 2017 | 10 replies
There is TONS of helpful and well-educated people on BP, including myself, though my expertise lies in developing and rehabber, I am knowledgeable on many things in REI so don't be afraid to connect with me and ask away.
Tom R.
Rental agreement contract for first property
9 September 2017 | 0 replies
Some of the things I would like to include. keeping in mind the property is in California.I would rather not rent to smokers but If I must could I charge a smokers fee?
Dan Corbiani
Advice on Deal with Low Appraisal
11 September 2017 | 7 replies
Do we accept putting additional cash into our first deal or do we keep our eyes open for another deal.Original Offer:Price: 153k ($31k into the deal)Anticipated rent: $2,000k/monthOperating expenses: $9.4k / year (includes management, cap ex, vacancy, taxes, insurance, etc.)Cashflow: $4.2k / yearCash on Cash return: 13.68%The appraisal came in at 146k and they raised some very valid points on why the property was not worth 153.
Matt Shumate
KPIs for Deal Analysis
12 September 2017 | 8 replies
It still projects to cash flow anywhere from 8-11% over a 5 yr hold, with a total return of over 100% to the investors including capital gains at sale.
Nestor Soto
Sponsoring Brokers in Maryland?
11 September 2017 | 2 replies
He offers a few different commission plans including 100% commission.