I am a real estate agent. I have a client we will call Bob who is fixing his father in law(we'll call Mike)'s home and selling the home for an inflated price after the remodel is complete. They have a notarized purc...
Good morning BP nation,My wife and I are looking at purchasing a home in San Diego but want to house hack. All the multi-family properties I have seen on Loopnet.com have a cap rate of 1-3%. So the question is, can yo...
This is going to be my first real estate investment and after running the numbers I have noticed that if I don’t (A) Raise the rent on the tenant that has been there for 7 years or (B) get the home for cheaper then th...
I've been looking to invest in a SFR in the North-West Austin pocket. I've been working with local agents and now finally in contract (with option period) on a house in 78728, Wells Branch. It's a 4bed 2bath 1360sq pr...
Noticed the mls in Las Vegas is crazy busy. Looks like every block has a seller. Is this a buyers market there right now.
Investment Info:
Large multi-family (5+ units) other investment in Chuluota.
Purchase price: $40,000
Cash invested: $60,000
Sale price: $162,000
3 Bds, 1 1/2 baths, built in 1958 Near Universal, ...
Hello, I need serious help. I’ve been putting a ton of time into learning wholesaling and have watched a ton of Jerry Norton and used his calculator to figure out an offer on these properties. I just am starting to fe...
I currently budget 20% of the rent to capex and maintenance, 10% to vacancy, and target a 10% cocroi calculated as Total rent less mortgage payment, vacancy, utilities, maintenance and capex devided by down payment an...
Hi there BP! I am currently analyzing a deal and wanted your insight! The investment is 3 duplexes on one corner lot in town, all quite updated and nicePITI currently sits at $4,275/mo. and the conservative rents at 1...
Pretty simple issue, new investor who moved into a new house 2 years ago a bought a single family unit last November, who is having trouble financing a larger multi unit.
With very conservative numbers I have found ...