Peter Martin
Defining class A/B/C multi family properties
1 October 2018 | 10 replies
Last thought as a quick reference in your searchClass A- place where you hope to liveClass B- place where you would be ok livingClass C- Only living there if times were really roughClass D- hell no, I'm sleeping in my carClass F- i might as well be dead.
Pasquale Zingarella
Deal Review-Looking for help on my first offer
19 September 2018 | 2 replies
Here are my quick numbers on the deal:$1,600 gross rent-$570 ish for mortgage-$160 for management (10%)-$128 for maintenance (8%)-$128 for CAPEX (8%)-$128 for Vacancy (8%)=$486 month or $5,832 a year (12.9% CoC)Then you still need to budget for Taxes & Insurance, this would drive down your return further.
Kelley Phan
Newbie with International Buyers
24 September 2018 | 11 replies
Present them with some deals and you'll quickly find out what they are and aren't comfortable with.My foreign investor clients are looking primarily for preservation of capital.
Leland S.
Earnest down on 2nd Purchase for Flip in Nashville!
24 September 2018 | 2 replies
It's popular in certain ways because it's somewhat more affordable than 37206.Depending on what you do and how nice you make your renovation, you should be able to sell it pretty quickly if it's priced right.
Kyle Monaghan
Qualifying for 2nd property - Denver
21 September 2018 | 6 replies
I keep seeing podcasts/videos about scaling quickly, buying 5 units in one year, but don't see what the path to that is, or how they got the loans.
Darlington Agu
Houston: First flip what should I Do
21 September 2018 | 3 replies
Real estate is also a game of survival and its more important you are in the game year in and year out than to get wiped out rather quickly.
Jonathan Edmund
Flipping Homes & 70% Rule Questions!
22 September 2018 | 4 replies
Keep your eyes open for properties that need a lot of work and offer to list it, or to give them a quick cash offer yourself to save them time and commissions.
Allysen Burse
Just a Quick Hello Post
19 September 2018 | 1 reply
Hello everyone. I’m brand new to BP & brand new to real estate investment but I’m a firm believer in affirmations so I will (prematurely but confidently) introduce myself as an investor. I’m in the West Palm Beach...
Justin Vedder
1031 Exchange on Property that was just done with a 1031 Exchange
19 September 2018 | 2 replies
Hey guys I need some quick advice and I am getting deflective answers from my CPA.
Derrick Gordon
Having a problem closing fast enough.
28 November 2018 | 12 replies
The only reason I've been able to purchase 3 houses this year is by showing POF and closing quickly.