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This is my first post and I’m just starting to gain insight into the vast real estate world. Any recommendations for books to read or sources of information? I want to make sure I have a good foundation prior to begin...
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Just trying to analyze a deal but the calculator is asking me for the cap rate. I do not know what it is for this area/property. Can someone help me out please. Property is a set of townhouses in Ontario, Canada.
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Hey BP community,I have been watching a few deals in a college town I live near. The Cap rate for these places are passable but not stellar. Offering Price: $860,000Projected NOI: $50,750.25Estimated CAP Rate: 6%Numbe...
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Hi,I'm a long time reader, podcast listener, and wannabe real estate investor, but I'm finally diving in and looking for my first deal.I found a house that I would like to rehab and I submitted an offer to the wholesa...
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Currently, I am working with him on a deal. I’d like to give you the details and see what yall’s thoughts are...10 Unit (of 2 buildings)Listing Price: $1,100,000Potential Gross Income: $124k6% Vacancy (but building is...
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I am trying to find the most efficient way to find new deals and would like to contact the owners of some multi-families directly via mail and email. Any tips on how to get this information? I am also looking for a po...
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I have been a active home flipper for many years now, but have always been scared to delve much into buying foreclosure properties on the courthouse auctions. Biggest roadblock for me is being able to figure out the b...
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Hello BP, I have a tenant in a 7-unit building planting Incense sticks in the hallway (by the stairs). The damage is obvious on the picture. I was able to find out the offender and asked her to stop. Just wondering ho...
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Hi everyone! I have an appointment with my bank (Chase) to look at my options for a mortgage to get pre-approved. Before my appointment I wanted some advice on what I should look out for. What not to say, and just bas...
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Hi Everyone! I'm a long-time Chicagoland resident looking to invest in my first buy-and-hold property in the city! My plan is to house-hack a duplex/triplex on the NW side. I've been devouring the BP podcasts and ot...