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Hello!I've been lurking on BP for the past several...years #2015 and have been encouraged by recent podcasts to jump on and ask a few questions.A little background, I purchased my first single family (4 bedroom, 4 bat...
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Hi guys,
I am sure this is a question that has been asked in the past, but I could not find it. I am looking to get started with my rental property portfolio and I'm very interested in turnkey properties at this tim...
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My husband and I are new to investing but have experience in rehabbing/contracting. We are looking for rentals that might need a little work and hoping to have 1-2 silent investors assist us on the down payment. We ar...
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As an investor, I've completed a number of 1031 exchanges over the last several years, and as such have become familiar and very comfortable with the process. I also find them be a great tool to creatively structure d...
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5plex: 60k selling price, tax value is 95k, market value is 120k. Private sale. This is in a dieing town which I feel would make this building a high vacancy rate, but if I can keep this place full I see a quick retur...
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I am evaluating a couple STR/Hospitality deals and trying to utilize the calculator and realizing that my expenses might be a bit off due to the percentage of my Repairs/Maintenance Operating Expense coming out of the...
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What is your experience with getting a HELOC (home equity line of credit) for the full 90% value of your home, regardless of mortgage? In other words, let's say you owned a home valued at $200k, and secured a HELOC fo...
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This is what I want to know when presenting an offer to a seller should offer 40%-70% of the ASKING PRICE or VALUE PRICE (Homes worth) ?
And what would be a good percentage to start off at?
Thank you all again who r...
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Hi! I am new to REI and want to get y'all's thoughts on this rental property in Union City, GA. 1 Bed / 1 Bath, 871 sqft, in a gated community, HOA $280/month. Cash purchase price is $34,900. I estimate the repair cos...
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I had an AGC come out an give me a quote on rehubbing a duplex, he said he wanted 2% of total cost of deal. I don't mind giving him a flat fee ranging from 250-500$ but a percentage of a deal just because he came out ...