Hello everyone! I have a few questions regarding how you determine your "Buy Price." (I'm looking for long term rentals right now). I'm assuming you all use comps to determine this, but do you use components such as a...
After 45 + years investing in, purchasing and selling notes and real property; structuring “deals”, running investment funds and syndications, I have observed that many (most) investors both hesitate too long gatherin...
Well, I just got a bit of news all of us just love - the HVAC needs to be replaced! At least the heat component needs to be replaced (AC works). Contractor says heat exchanger is cracked and induce draft motor has f...
Hello, I'm learning about all the great benefits of the BRRRR strategy. One question: when analyzing a property for buy and hold, how do I know if it's better to use the BRRRR strategy or a standard conventional renta...
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Hey there, BP,A little about me - My wife and I have been investing in SFRs in SoCal since 2011 and have done okay putting together a small portfolio; However, the market right now in SoCal, or at least in our desired...
Going to look at my first multi family property tonight, looking for any advice as to what to look for and watch out for as i go through this journey.Pro forma numbers are good. Meets 2% rule and the 50% rule, cap Rat...
Hi! We are finding Pro Analyst to be clunky and not intuitive at all. Are there other programs you recommend for analyzing commercial deals? Thanks!
I am getting close to getting a contract on my second multifamily deal. I am having trouble estimating a accurate cap ex and we are about 20k apart on 330k counter offer. The deal involves 3 separate duplexes (6 total...
Hello Guys, I’m Kenny! Like many of you, I am very interested in Real Estate and had some questions towards this:How does a BRRRR sound for newbies? - I am currently thinking of starting my first deal as the BRRRR str...