Tim West
Tacoma WA Wholesaler Needs Advice From Local Investors
BP Team,I need some local knowledge advice, as I have a couple of properties I am ready to put under contract, but wanted to be sure my numbers look good to ensure I am able to do right by the seller and the cash buye...
Michael C.
Should I sell my duplex? Or refinance and hold
Numbers Bought it for 175,000 a couple years backDown payment was 18,000 plus 20,000 fix upNow I owe 135,000 , it just got appraised for 242,000 , in this market I could sell it for 250,000One side covers the mortgage...
Hector Sanfeliz
Buying Multi-family in a sellers market
I've want to invest in my first multi-family property in here in Florida. The general concept behind investing in real estate as I understand it should generally be to buy a property with that will cash flow if the in...
Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Joe Rogan
Understanding MLS Asking price strategy
I picked up my first duplex last year off the MLS. Looking for number two in a similar neighborhood. However, the property is listed much higher than surrounding comps by at least 60K. I'm not trying to low ball th...
Mark Gould
When calculating a deal, do you calculate at the long term rental rate?
New and trying to find which lane to pursue. I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calcula...
Kayla Joachim
'First Analysis-4plex in Minneapolis
You can read more about my investment partner and I on the new member forum, 'New Investor from Minneapolis'. Suffice to say, we are two 23 year olds looking to purchase investment property. We found a property listed...
Shannon Cannon
Need help evaluating a deal please
I could use some help evaluating a deal please. Short version--I've done some flips, but wanted to get into buy and hold. Ran into a man willing to sell his 8 plex that flooded last year in Baton Rouge. A little nervo...
Laura Thorne
How do you find cap rates in an area?
Looking at a complex with a cap rate of 7%-- how do I find the cap rates of other similar properties in the area? Sellers embelish these numbers....
James Mudd
Deal or No Deal....duplex...???
Duplex - 3/2 and 3/2.5
Bldg SqFt: 2,610
LP: $155,000
Rents: $ 950 per side
Cap rate: 12.26% (according to MLS listing)
Gross Multiplier: 6.80
Insurance: $1,000
I will occup...