Errol M Tazbaz
Buy really expensive property and rent out for a loss?
Ran an analysis on this one. They are losing $2500/mo assuming 80% LTV and CoC is -11.27%. Assuming 10% appreciation the 5-year annualized return is 31%, but they are speculating that the market will perform like that...
Todd Hensy
First time home buyer - where to find Foeclosures in my area?
Hey everyone,I am a first time homebuyer....well actually ..I am a 2nd time homebuyer. I actually filed for bankruptcy a few years after my first real estate deal. I was crushed.I bought a condo in Florida priced rig...
Lawrence L.
How Would you analyze a property with no financials
I was given a listing by a broker for a 5 unit building in a c+ b- neighborhood. Not far from the subway, you can walk to everything. The broker said they are asking 850-900,000. The taxes which I found on county web ...
Chris Roush
Should I buy from wholesalers as a beginner?
Hello. I am wanting to acquire properties using the BRRRR strategy, and it seems that unless I'm willing or have time to drive for dollars, my best bet would be to find deals through networking and/or wholesalers.The ...
Shaun Calloway
Current Market prices for rehab items
Houston Rehab/Flippers! I am looking for current market prices per square foot of footprint (ie. 1500 square foot house @ 1.50sf = $2250.00) for the following:-2-tone paint (1 flat color on walls and ceilings and pain...
Dylan Barnard
Spanish Speaking Leads
Good afternoon BP,So my wife and I have been experimenting with Facebook ad campaigns and have gotten a few leads so far, but they have mostly been Spanish speaking and don't seem to speak English. We have specified o...
Michael Petrovich
Is Zillow Accurate in Areas Like Dallas-FT Worth?
Hello BP! I understand that Zillow's algorithms use information from areas that may over-extend the boundaries of the primary area of sale to come up with an estimated sales price. So, Im sure it can be off. But... ...
Shefali R.
in contract - can I list as rental and sign lease agmt now??
We are in contract on a unit and have explicit permission from seller to list it as a rental and show the property to prospective tenants before we have closed. Would love your thoughts on:1. Can we sign lease agreeme...
Bill Plymouth
How do you respond to cold calls?
I’ve gotten listings from cold calls before, but they were homeowners, not investors. If an agent cold calls you with the intention to list one of your properties, how would you respond? What are your thoughts on co...
Tim Crosby
More Money, Less Problems!! Trouble Funding a Low Budget Deal
I'm running into a weird problem right now. Most people complain that they don't have enough money, but in my case, the issue is more like this - the amount of money I need is so low that no one is willing to help me ...