I have my first deal under contract. The buyer that I assigned the contract to had an inspection done and is asking for a lower purchase price. My questions are:1. How would I lower the price? Just an amendment to the...
I’m a rookie RE investor who’s new to BP and looking for some guidance.* First, though, I have to say that I’m amazed by the depth of knowledge on BP and the willingness of the community to give helpful advice in an o...
Good evening guys, Thanks for all your help here!There's a couple of things that I can't wrap my head around1. When we buy a MF we can calculate the cap rate using the PP and NOI. But how cap I project what it would b...
We live in NYC, which according to BP 2015 Market Analysis Report is the third worst place in the country, so my wife and I are looking at nearby markets to invest in instead. Since I have family in Allentown, PA and ...
I need help trying to figure the value of the commercial side of a mixed use property. It is a rehabbed school and I can figure the apartment side, but, I have no experience on how to value the commercial spaces. They...
A great deal has been said in other forum discussions about the pros and cons of allowing pets. I have newly renovated 1920's home that has freshly sealed hardwood floors. (no carpet at all) I had planned to NOT...
Hello All! Any like minds in smaller houses?
In Austin the market is about to open up, exciting times. How does one get a good financing program for buyers?
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Hi there! I’m brand new to investing, but have spent years wanting to do it. Just need to take action. The problem I face is figuring out where to spend the money I have. I have $20,000 I’d like to invest. If you were...
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...