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I have been trying to practice analyzing deals around the Kansas City area and I found some I thought were good deals, but I want to make sure I'm doing it correctly and using the right numbers. Is there a good way to...
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Hello everybody! Thank you for taking the time out to look and respond to my post I really appreciate it. I'm a brand new investor and I'm currently deployed I going to buy my first investment property when I get ...
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I hadn't thought of this until asked tonight. Should I require each person that would be signing the lease agreement, to submit for and pay for a background and credit check? I'm assuming so. However. That means, I...
I’ve read a ton of material in just the last few days about raising capital, underwriting deals, and the power of apartment building investing! I find it compelling but It brings up a question in my mind though that ...
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So, I have very recently discovered that I have made the grave error in not accounting for repairs and capital expenditures for my rental units. I have owned investment properties for going on 5 years, currently own ...
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$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
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Hey team,I'm 26 y/o and very new to RE investing. I'm exploring the possibility of house-hacking in the Chicago area. I have a Property Analysis spreadsheet that was shared with me by a friend. As I evaluate different...
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What up BP community?!
As rates continue to hold strong, houses on the MLS are sitting for longer. The longer they sit, they more motivated the seller. With rates where they are, it has taken out a lot of primary res...
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My daughter will be graduating from high school this year and wants to be like her mom and dad, real estate investors, she asked us for advise if she should go to college if so what classes should she sign up for or i...
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Hello!
New to BP and looking for a comprehensive checklist for screening new tenants. I have had a property manager in the past and took over management about 3 years ago. This is the first time screening a new tenan...