I live in a pretty sought-after town just outside of Topeka, Ks (Silver Lake). Here in Silver Lake, houses rarely hit the market and regularly sell for more than asking price.I was made aware of a house that is not on...

Hello fellow BP'ers,I have an opportunity to speak with a homeowner in my neighborhood, who is likely to sell her property very soon. The good thing is that the property isn't listed, and from what I know this person ...

How much do you pay attention to what a foreclosed or REO property is listed for when you do your analysis?

Do you disqualify a place if the list price is outside of your comfort zone, or do you just ignore i...

I have my eye on at a 6 unit property in my smaller town of 30k people. How do I estabish a good CAP rate for an area when no similar properties have sold recently? Should I just make the numbers fit what works for me?

Hello all.

After much reading, surfing, numbers running, I believe I have found the property to make my first offer on. It is a 5plex in a C+ area in Phoenix. Externally it is in really good condition. As it is suppo...

Hi all, found a property I'm close to ready to moving on. Seller and I are about 4k apart in purchase price but I'm using their selling price for number eval:Neighborhood: C+/B-, I would live here if I needed to. Its ...

So i've stumbled upon what I thought would be a good deal. A 10 unit apartment building. Owner willing to finance and is motivated. I got the current property management company to provide me with a list of expenses a...

Today I started cold calling my driving for dollars list and many of the numbers that i had received using batch skip tracing were not accurate numbers. Now, this was my first time I have ever used batch skip tracing ...

Hi all! I recently sold my SFR that I was renting out - it was my first home I decided to keep to "get into the biz" but the numbers just weren't working. I was able to get some proceeds from that sale and I'm ready f...

At the moment there is a a low supply and a high demand for investments in single family homes and multi-families. The current prices are really high due to that. Is it better to wait until the Pandemic is over and wa...