Hi all, I am trying to put together a deal and the seller isn't happy with the numbers my calculations support. I am hoping to offer him seller financing where he holds the note for 3 years at 6% which will net him cl...
I found a property in the South side of Chicago. The owner said that the city made an offer to buy the property but she felt it was too low. The COC ROI is 20.95% and the cap rate is 11.75% and the cash flow is just...
Hi all, Got a quick question for everyone. When using Zillow for analyzing or finding deals, do you find their "Zestimates" as far a arv and rental rates to be accurate or should I be cautious? Also would there be oth...
Hello BP Community,I'm relatively new to BP and REI. I'm currently house hacking my primary residence into one with a basement suite. This is my first venture into RE.I'm in Mississauga, Ontario and looking to start a...
Good evening Bigger Pockets!I'm pumped to be here! I've listened to the podcasts for the past 4 months and just bought 2 properties this week! A little about me, I graduated from Texas State University in San Marcos i...
Hello BP! My name is Luis and I recently began my venture into wholesaling here in Texas.After doing all my due diligence about wholesaling in Texas (learning the rules of disclosure, assignment and using the correct ...
Using Round numbers Selling condo without realtor for $444,000 bought it at $144,000, $44,000 improvements, no mortgage, lived in first 5 years, rental for last 29 years.1) In order to have zero tax liability on gains...
I am 30 years old with 75k in my IRA (not a current employer 401k program). Should I cash out what I can to purchase a multi unit investment property for buy and hold? Thanks.
Hey everyone! We have a vacation rental in northern Utah up in Bear Lake. Currently we have a ping pong table and a basketball shootout in the basement. We will be converting the basement in to two rooms. There really...
My first property is going on the market next week (!!). I'm thinking whether to provide linens/towels. I do have them but someone told me it creates additional hassle for cleaning personnel (my house sleeps 20 = lots...