I heard plenty of the experienced guys say that there a lot of bad wholesalers. In other words, they are peddling homes that don't make sense. As a re-newbie** it's kind of hard to tell what a good deal is. Let m...
Hi BP Network-Need help-How do I go about estimating the cost of potential repairs for a house/condo if I have limited experience with rehabbing and GC costs. I especially am unsure because I am new to the NJ market a...
Is this Deal Profitable? How to Determine:
Step 1:
o Identify the Deal Strategy Fix & Flip, Rental (Buy & Hold)BRRR (Buy,Rehab,Rent,Refinance)
Step 2:
o Determine the ARV (AFTER REPAIR VALUE) – Use ...
Can anyone explain to me when and if you need an appraisal when wholesaling?
Thanks In advance
hi BP peeps, I have been and still am in the process of reading material before I begin to approach sellers with deals on their property...I have been following some forums as well..but I do have a quick question.I wa...
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
Im looking at a beautiful 148 commercial apartment building. 21 million. Can someone give me the best way to get the cap rate, Im struggling with this one. :roll: Want to see if its going to be a good investment.
Hello!Does anyone have any good advice or resources on how to determine an expected vacancy rate for short or medium-term rentals in any given area? My original thought was to basically just triple what the normal vac...
Hi all, I am new to this and now taking action on my business plan. Next step for me is to determine my comfort zone including determining sources of deals and evaluating. Can you please advise/confirm my understandin...
I am in the process of trying to find my first property to buy for a fix and flip. But, I am having some issues with trying to figure out the numbers. I will be using a HML for this deal and was wondering if someone...