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I purchased a Duplex for $574,000, It currently Rental income was A=unit 1100, B=1150 total: $2250I remodel both units and rerented with a 2 year lease. A=$2100 and B=2100 total $4200.00So basically I almost doubled t...
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Just copy/pasting the market report I complete each month for my brokerage and clients. Coverage area is all single family housing (detached and attached) in Northeastern IL. Data comes from MRED LLC, St Louis Fed, Mo...
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I heard in a Podcast recently that one of the first things to check when underwriting a potential deal is that the average median income is twice that of the national average. At face value, this seems like a good met...
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So, I called a realtor about a home listed. The house needs work (obvious from the street), but not to the point of tear down from what I can see. She gave me an outrageous price, and told me it's the land that's for ...
Hey BP community I'm new to REI how i have 2 choices to pick to start investing 1.) A 3 unit with all 3 units occupied. -OR-2.) A 4 unit with no tenants but need about $10,000.00+ worth of w...
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What do you typically do for estimating rent, home value and expense increases over time in your analysis?
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I HAVE YET TO MEET A RENOVATOR WHO KNOWS WHAT HOME FEATURES ADD some form of resale value to the subject property before we can get to the ARV we first need to know the resale value of each amenity of the house based ...
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Hello.I'm running an analysis on a RV and Boat deal. The property is RV and Boat with some storage pods. When it comes to calculating the price per sqft, what sqft # would you be using? the sqft of all the spaces + st...
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I'm exploring the SA market and wonder, how does everyone cope with the 2%+ property tax rated? Seems like it really erodes the CF...
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I am thinking about creating crowdfunding portal business. What are some things you would like to see in a portal that would help differentiate us from the competition? Debt or Equity funding? Are you looking for larg...