Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
I know this is going to be different for everyone, but what's a good ballpark ROI to aim for for my first flip? I'm analyzing some deals right now and trying to figure out what a realistic range is. I'm assuming that ...
Hi, BP family
I was recently thinking about a good measure on whether it is worthwhile to convert LTR to STR. I asked around and got different answers. Some say that your STR gross income needs to be at least twice a...
I noticed the new features on the owner dashboard. I have set up a "90 day goal", which ive adjusted to 60 days.
My Goal: Refinance two properties by November. I need to finish up my rehab and refinance to remove the...
Hey BP!I hope some of you find this post helpful.How do I correctly value an investment property? Simplistically, a valuation is a measure of how much a specific property (the “subject property”) is worth. Framed diff...
I’m on several wholesalers email list and I have my Core 4 already going to houses to check them out and write itemized bids. But what comes before making an offer? Every wholesaler says to do your own due diligence.
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Hi I purchased my first triplex fully rented in Philadelphia. Currently all of the units are carpeted. Once the tenants move out would laminate flooring be ideal or vinyl? I see an equal amount of comments for eith...
I know many investors are glad to get an 8% CoC return on their properties because it's still better than most other investments and it's a whole lot better than anything you can get from a bank or savings account.
H...
Which is better and why? Grabbing some popcorn fo this thread. https://www.longtermtrends.net...