Whether I am investing in flip deals or rent properties through BRRRR or any other strategy, forced equity seems to be a strong tool to build wealth and help drive success for us. One of the tons of the topics I have ...
Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
When I took the decision to begin my journey as a real estate investor, it felt like I had driven right into the choice overload junction. Frankly, it was overwhelming. The plethora of information was just too much fo...
First, thank you to the BiggerPockets community for all the information offered, resulting in enough reassurance to move forward investing. I found BiggerPockets about a year ago, after attending a local guru 2-hour i...
Can some of you investors in extremely competitive and expensive markets help me understand how you are valuing a deal when cash flow is so low? I'm looking at 2 different duplex properties, one in NY, and one in CT....
Hope someone can helpI am fairly new to BRRR with 2 multifamily properties under my belt in the Northern Kentucky area. I need some guidance on my next move.I finished rehabbing the first property and the tenants move...
I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners includ...
Hi all - 3 of us are in a deal and are figuring out the best way to split CapEx in a deal:- Investors A and B own 25% each- Investor C owns 50%Let's say a $1000 CapEx comes in: 1. Would we split this based on the same...
I have a 9 acre property in contract for $2.1M, comes rezoned with approved plans to build 33 single family zero lot line homes. That is $63,636/lot but its raw land so it will cost another $606k to develop the land a...
I am starting and growing a Residential Rehab and/or Flipping team within the Greater Wichita area. The goal of the first 3 deals will be to target 1-4unit styled homes, requiring minor-rehab. This will allow the team...