Isaac Hebron
4 to 20 units in 12 Months
365 days ago I had four units. I primarily stick with 3 bd 1 ba units. Average rent is $800 per unit. Then I found a quadplex and ran the numbers. Presented the numbers to a potential investor. I utilized the strategi...
Roberto Fernandez Andersson
"How to Buy Small Multifamily Properties!" (webinar)
Hey guys! I hope this post is not too annoying. I'm just starting out, still living in Sweden but will be moving soon to the U.S. Excited to start learning even more. Anyways, my questions are in regards to the subjec...
Rick Doshier
Formula for buying rental property????
Question,
I was speaking to a landlord today and he was saying that he buys houses that will pay for themselves in 3 years. Example
House is selling for $21,900.00
Rent is $500 Mo. @ 12 mo. = $6,000.00 x 3 yrs. = $...
Corey Demuth
how to estimate/find/determine ARV
how do you estimate the realistic value of a property after repairs will be performed? or even just the value of a property (that doesn't need repairs) ?
do you have to pay money for some kind of appraisal service or...
Harrison Liggett
Pro rating utility bills in multi-unit buildings?
Hey BP!Out of all the headaches that come with property management, this is one at the top of the list. Most property management tools come with a RUBS calculator but the split NEVER accounts for tenant move in date. ...
Vick Galu
Running comps in oahu ewa beach area
hey guys been spending some time trying to run comps to determine my asking offer and also how much the property is wroth.I just wanted to make sure that I'm doing this right. So if you have the time could you let me ...
Phillip Joo
Project Management
Hello, Im working on a ranch with my next door neighbor, who is an expert in Real Estate Investing, and when we got to the property there was a lot of "junk" and excess wood, etc. I was given the job to create a proje...
Tyler Zimero
Making wholesale offers
Any tips on how to go about making an offer on a home to a seller, should I go based off the tax assessed value or market value ? Or what is the best way to find comps or get the arv?
Neil He
Trying to refi out of fha
Hey all,First, BP is a great resource and I appreciate everyone who contributes. Thank you so much. I hope this Q will clarify for someone in the future.We bought a triplex for 532k with 3.5% down FHA in September ‘18...
Geoffrey Pierce
Discounted note yield question
I'm selling four notes at 50% value. Buyer is balking, says I need to create notes with double digit yield to be attractive. Am I thinking of some different type of yield than he is? I thought these were good. Is he l...