hello BPers! I'm working with my team to find the next right opportunity and curious about y'alls purchasing strategy. My initial offers are typically low ball, but those low ball offers make the math work to help us ...
Hello BP
Heres what Im looking to move on quickly just trying to determine my offer.
Asking 249k 5 unit multi family unit
(3) 2 bedroom 1 bath rents for $700 each ($2,100)
maximum rent if re...
How to beat other investors who are willing to pay higher offer price than what I will pay for? How do you close deals faster even when sellers will not budge from their high retail asking price? Do you use other peop...
Hello BP friends,I understand what a subject-2 transaction is, but what is the criteria/situational benchmarks you look for when deciding this is a good strategy for the subject property? Low equity, newer homes, for...
My specific question is, when building my real estate road map, what numbers should i use for Single Family Cash flowDulpex Cash FlowProfit per house flipMy thoughts right now, which are at their infancy, is i would u...
Hello there BP Family! Let me preface this forum post by saying that no one is an actual dummy when first starting out, but to grab your attention I had to use something good :)
Cap rates, gross rent multipliers, ca...
I just watched this insightful video from Ken McElroy. He does a really nice job of benchmarking the economic impacts of this pandemic compared to past recessions/depressions. https://youtu.be/N-SG-n-C5IEDoes anyone t...
Hello Everyone:As an out of state investor in Minneapolis, I had a few questions about what certain things cost in the city of Minneapolis. I've invested in a condo, and I'm looking to branch out into MFR's and I'm c...
Just wanted to share this article entitled Top 10 Charlotte Zip Codes To Invest In.http://www.charlottestories.com/top-10-best-zip-codes-charlotte-invest/
Hello BP Family!I'm looking at a deal in Baldwin Park, CA for a 26 unit multi-family home. This is my first time reviewing a deal and was hoping someone can help me with some of my questions. 1. On the marketing sheet...