Hi Everyone,First time posting on forum. I need to know what my offer price should be and need help analyzing deal. 10 unit 2br 1ba 100% occupied. Asking price $199,00. Taxes $3660.84/year, insurance $2000/year, H2O =...
Apparently, I've used the BP calculators too many times in the past and can't use them anymore. I'm really just trying to play with numbers and get some reps in to learn how to analyze properties for when I'm ready to...
This is another good short sale article entitled Short Sales Are Hot but They Also Incur Risk, Loss" from Mortgage Servicing News. Requires log-in...but free.
Some good bits:
-400K Short Sales a year. Over half in ...
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
Hello,I was just cleared to close my first STR in Deep Creek Lake, MD. The closing is on Monday. Woo hoo! The property is turn key from a previous investor. So, I’m ready to hit the ground running with majority of the...
I read regarding Randy Hughes, Mr. Land Trust a lot in here, altho I am not sure i anyone actually work with him.anyway I decided today to go ahead and buy his course online. Thinking i will be able to watch some simp...
Take a look at the details below and please give me your opinion using CCIM/Rule of thumb/beer-math/inter web BP analysis and tell me if this deal is worth a closer look or should I shelve it without a second though. ...
Hey BP Community,
Recently I've been trying to wrap my head around what exactly IRR is, and how to compute when underwriting a deal. From my understanding, it is the rate of return that an investment offers based on...
Hello,I am interested in investing in tax liens in Maricopa County (and possibly Pinal County). I have researched the process but looking for someone to assist me by answering a few questions I have, or mentoring me f...
Postcards or yellow letters? Is list source worth the money invested? Any other suggestions? And where would I create the yellows letters or postcards at, click2mail? I'm just trying to gather up information so I can ...