Bo Wagner
Critical information about wiring funds and fraudulent listings
I want to remind people that there are so many scams out there right now. If you see a real estate deal that seems 'too good to be true', it may very well be! People in the ATL area have been utilizing Facebook Mar...
Caleb Pitts
Arkansas Real Estate
Hello all, I am a new investor in the Fort Smith, Arkansas area. I own two rentals currently at the ripe age of 22 and am looking to start BRRRRing and flipping properties locally. I am looking for meetups close by an...
Haney Mallemat
Estimating expenses on 10+ unit buildings
Hi BP,When you are determining a potential investment property where there are more than 10 units, what % do you use for monthly expenses such as: 1. CapEx2. Maintenance3. Property managementI know these are variable ...
Account Closed
What do you think about this deal?
106 units apartment complex
Price 4,1mln
Effective gross income 819,990
Expenses 445,953
NOI 374,037
9 1bd/1ba 575
64 2bd/2 ba 700
21 2bd/2ba 750
12 3bd/2ba 850
Thanks
Beth Liesenfeld
help determining ARV of duplex in Colorado
We have a duplex under contract to fix up and flip, but we are making it into a "legal" duplex (yes, we are verifying zoning) and officially making separation between the units. I'm an agent, but I'm having a hard tim...
Nicholas Ernewein
New member M/22 Buffalo, NY
Hello BP, my names Nicholas E! I found this forum because I recently bought Brandon T's book... " The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate...
Account Closed
Seller playing 'hard to get'
I seem to have a seller here that is either unmotivated or just bluffing. The property is a fixer and does require a ton a work. In our initial conversation he passionately wanted to sell and said to make him an offer...
Burt L.
What Are Other Downsides to a 1031 Exchange I Can Tell a Seller?
I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
Dasha Taylor
Should I become a real estate agent at 18?
Hi everyone! I'm 16 years old and I'm planning to invest in real estate when I turn 18!I've been wondering if I should become a real estate agent and start the process of getting my license at 18? I think I would real...
Marisa R.
$128,000 profit without flipping....
Hi AllJust wanted to share another little sweet deal, this is a buy and hold, access equity, rinse and repeat.Advantages are that I get to continue growing my capital as this neighbourhood is hot. Problem is trying to...