Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
Can Real Estate Really Be Purchased “At A Discount” ?
Most investors buying property think they‘re doing so “at a discount”. The vast majority are wrong. It very hard to purchase a property below market value. First,...
We found our first duplex and have run the numbers, so I'm going to "noob it up" as hard as I can here. I've never purchased a property before so rather than ask people who would benefit financially from the steps we...
In the intricate world of real estate investment, striking a delicate balance between profitability and tenant appeal is crucial for success. As a realtor with a unique blend of hands-on experience, including personal...
Hello everyone! My name is Sherman Kaopua, I’m a Hilo, Hawaii native but now residing in Tricities, WA and I’be been on BP for a while just learning and going through forums, and now I’ve got my first deal! I’ve acqui...
Evening BP community,Question, Say I finance a multifamily home with an FHA loan with the 3 1/2 percent down as an owner occupant of course, then say I leave that apartment and rent it out, I'm assuming I have the oth...
Hey everyone, I am a first time home buyer and future real estate investor. I currently live in Seattle but am planning a move in the next few months to get into a cheaper area (with less earthquake risk :) ).Does any...
I'm based in Southern CA but would like to look into other markets (for instance, Dallas/Austin TX or Phoenix ) to invest. Some of these cities I've been to maybe once or a few times, but I am unfamiliar with the intr...
Hello all.I am in Pittsburgh and I am new to real estate investin. I hope to gather great information and guidance to help me along the way. Thank you all in advance.
Hi everyone,New to the forums, but have been stalking over the past few years and learning about real estate. I was ready to take the plunge a couple of years ago, but ultimately decided to head back to grad school, ...