Daniel Patterson
What math formulas do you use when you consider a new property?
I'm starting to get a general idea of how I should look for a property that would be good to purchase, renovate, then rent out. I'm a little lost on which formulas I should use when considering a property. Things like...
Devon Rollison
19 year old with question about selling based on cap rate
Hello I am 19 and soon to start wholesaling, can someone PLEASE look at this and tell me what is wrong with this/ how this is not the true reality... it seems WAY to good to be true it is literally insane, but realist...
Adam Varone
Is this enough cash flow?
I became friendly with a builder who is willing to sell me his newly built condo at a “discounted rate”. He said he will be listing the property at 375k but will give it to me for 360k. My plan is to offer 370k with 1...
Nick Arenaso
Any benefits to buying a primary residence house cash then refi?
This is for my personal residence - not an investment property.My new home will cost 750K. I am able to comfortably put 550K down, then stretch to pay the rest by dipping into savings/stock investments.Is there any s...
Douglas Peterson
All cash offer vs owner finance
Is a tool on BP or online that can help me quickly calculate what to offer on a house if I pay all cash now vs. owner finance at various rates and terms?
Account Closed
How far below market do you keep a good long term tenant's rent?
I have kept rent very low on one of my units because it needed work. I'm getting work done now and would like to bring it closer to market. I'd love feedback on the following:Tenant has been great for 15 years. His ...
Steve Cook
Property Management - Repair Mark-ups?
Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
Jordan Hall
Flat rate MLS for FSBO w/ buyers commission
I’m looking into listing a flip as FSBO with a flat rate MLS listing service in the Pittsburgh area. I will be offering a 2% buyers agent commission to be fair. Does anyone have any experience with this? Can you give ...
Austin Petrie
How to find a Market's Cap Rates?
I'm looking for cap rates in Kansas City for each property class and came across apartmentloanstore.comDoes anyone use this site to get a decently reliable estimate of current cap rates for the city you invest in?For ...
Terry N.
Pie Day Interest Rate
Got a quote for a 5.5% interest rate with 2.5% discount points. $269k loan.
2nd home loan but guy says lenders are treating these like commercial investment properties in terms of rates.
Keep shopping? Of course ...