I currently live in California. Currently, Single-Family homes are in great demand. Houses are getting sold 50-60k (sometimes 100k) above the market price.Since I cannot bid higher than the market rate, I'm thinking o...
Hello everyone,I'm looking for some advice from investors who excel in reading into the numbers of a loan. Background: I've been pre-approved for a First-time Home Buyer's loan. Since I am buying in a "hardest hit" ar...
Hi, I'm new to BP and Real Estate in general. I've been reading and learning a lot and decided to get started in this by buying a duplex and living in one unit while renting out the other. This would be in the Houston...
I talked to my bank about refinancing a property I have owned outright for 10 years and they want the following. I think this is a paper storm that won't do anything other than burn my time. They have all my info as t...
We're about to refinance 1 commercial properties (2 med offices/ 1 church & med office on a lot). We basically want to take advantage of the low rates, but also one will balloon/ expire in a few years.
I was wond...
Hello! I was just wondering if anyone targets college towns to invest in? I went to school at the University of Iowa (Go Hawkeyes!) and it seemed like there was a lot of opportunity. The rental scene was out of contro...
Has anyone used private banker services? Chase, Wells Fargo, Goldman Sachs, etc? Do you recommend them? Any pros and cons? Here's something to throw out there we too have several rentals. Our banker suggested we use t...
Hello BP,It is time for me to renew my contract with our tax strategist/financial advisor. We are upgrading our services to have them take over our accounting and book keeping as well. We are happy with their services...
How is occupancy rate actually defined and why is it important? The Airbnb occupancy rate is defined as "the ratio of the number of days in a month or a year for which a short term rental listing is booked by guests d...
Hello,
I have a question about calculating ROI for a flip.
Can you please let me know how closing costs factor into this calculation?
What is the calculation you use to analyze the deals ROI?
How does the calculat...