All,I have been looking at multifamily properties on Loopnet and many of these seem to be great deals with cap rates at 10%/12%/14% and such. Does anyone know how they come up with these numbers? Why would it be so ea...
I found a distressed tri-plex in Zion Il with a motivated seller. The after repair value is around 190k and seller willing to sell to me for 90k as long as it is a quick and easy sell "without the bank". I'm assuming ...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
OK, first off I'm not talking about that other F-word, the one that ends with "CK" and is certainly considered a vulgar word in any company, I'm talking about the word "FLIP"-I truly believe anyone in the business of ...
In 2010 I had the rose colored glasses knocked off my face hard and I am trying to understand why and how there is such Happy Talk right now about the economy. I am trying to figure out if it is my pessimism based in...
Hello everyone!My name is Dan Huang and I am an Army Veteran turned tech entrepreneur turned Bigger Pockets podcast addict, who just made his first offer on a Near Eastside 1bd/1ba triplex in Indianapolis. Whoop whoop...
Good Evening all,
Im just starting in this business as a wholesaler. I was contacted by an individual who just inherited a house. Its a bungalow and the house itself is roughly 25x25. Yes, small, I know lo...
As I am going through analysis of deals I always start with the asking price to gauge where I am at right off the bat. Then I go through the exercise of at what price can I buy this house to make it a good deal? Becau...
Cash for keys is a joke. I understand the utility in it, avoiding the long process of eviction and hassle is preferable. But, this policy basically establishes your lease agreement as unenforceable.If your tenant deci...
Hey guys and gals, this is a example of a deal near me that I would appreciate your opinion on; checking to see if I am on the right track or not-This Garden Style 1980 built apartment complex is 50u, listed @$1595000...