Jack Srimani
Serious concern buying a REO
Hi,
I just got approved of a bank loan from a small bank. (Thanks for folks who advised small bank for small loan). Now tomorrow my realtor and I are going to go through the offer contract. After signature the realtor...
Curt Bixel
Property Management Consultation Fee
I have a small portfolio of rental properties in Columbus, Ohio. I am looking to expand my portfolio in the near future, and will likely get to the point where it makes more sense to hire someone else to do the prope...
Brian Geiger
CAP Rates and Multifamily investing
What role does CAP Rates play in Multifamily investing when it pertains to evaluating properties?I heard from other investors that CAP rates are used for market sentiment and that Cash on Cash, Equity Multiple and IRR...
Ryan Copeland
Duplex for 1st Deal | Should I Buy???
Hello BP,
I could use some help on determining what to offer for this duplex. I don't know if there is a rule of thumb for what to offer, I think I read in a post that an investment offer should be 30% off ARV - rep...
Elizabeth M Williams
Accredited Investors & Taxes in Multifamily Syndications
I've had a number of enquiries via my site by people who'd like to invest in one of our syndication deals, but can't due to either not being accredited, or the majority of the deals being open to accredited, not sophi...
Matthew Kwong
What are the best kitchen renovation bangs for your buck?
I've got a 4plex in Lee's Summit, MO just outside of Kansas City. I want to reno the kitchens to increase rents and was told that having nice stainless steel appliances was the best bet. Thoughts?
If so, does anyone ...
Tyler Smith
House Hacking in Seattle
My girlfriend and I have been wanting to get into real estate investing for some time. Without boring you guys too much, we have a dilemma. We are looking into 2-4 unit multi family properties which we would live in f...
Matt Pippin
Looking for guidance
Hello everyone,
Wondering if a few of you can help me work this through. I am new to real estate (zero properties, currently a renter myself). I am currently using the FIRE strategy to become financially independent....
George Lopez
Newbie in Downey, Ca
hello bp, I just signed up for this site and I cant seem to get my eyes off of my screen. Anyway, I am new to real estate and I am still trying to get a game plan going. I am 23 years old so I have limited funds. (Aro...
Abel Rodriguez
Am I missing something?
So, I’ve got a pretty good lead on a possible first deal! Would be a long term buy and hold property, now the numbers!
Owner wants:
$25k cash
Or
$2500 down
$250 a month for 10 years
Total cost: $32500
The home is...