I had a very helpful member of this group send me a worksheet where he was a able to plug in an opportunity I was looking at. I am now looking at another opportunity and would love to use this worksheet that accounted...
I recently applied for a HELOC through a local bank and their numbers came back terrible. The comps they sent me were half a mile away from my property in a far less desirable part of town. Naturally I applied at anot...
Any tips on evaluating potential renters?
I just became a PRO member and I have been using the rental property calculator to evaluate commercial properties in the Phoenix, AZ. How are you guys finding information on a property such as its property taxes and l...
I am currently evaluating a duplex purchase in the Cleveland area. I feel pretty confident in my evaluation of the property, and think it would be a good candidate for BRRRR:
Purchase Price: $130k
Rehab Cost:$47k
ARV...
Hi all,I have the following deal. I want your help to analyze it and see if it is profitable or not. I also want to know if I am forgetting some factor or cost.Location: HoustonTotal Value: $1.375.000Down payment $34...
I'm relatively novice still, with only two deals under my belt and currently I'm evaluating an off market deal that happens to be right next door to my existing rental. My challenge is gauging whether or not I'm being...
Hey everyone! Just had an offer accepted on a 6 unit in Detroit!!!! Now I need some help with reviewing/choosing the right loan. I've received three funding offers. The interest only one will be 8.5% (he forgot to att...
I have stumbled upon a building that has professional offices on the main floor and apartments on the second floor.I own and manage a small portfolio of single family rental homes. Therefore I do not have a ton of exp...
Seeking advice! A gentlemen contacted me about selling his lakefront investment property. He had purchased the home 2 years ago for $100,000 from the bank as a foreclosure. He did a lease option on the home for $180,0...