What's the best way to compare/analyze turnkey properties? This will be my 1st real estate purchase and have been working with a turnkey company. I have verified they do a good job and had positive reviews about them ...
I’m looking to buy my first duplex here this week hopefully but am struggling to find the numbers I need. I’m not sure if I’m just second guessing myself but I feel that this is too good to be true. For the vets here,...
When converting a property from personal use to a rental property, I understand you use the lesser of the adjusted basis (AB) or FMV. I've looked at comparable sales in the neighborhood at around the time of conversi...
My fiancée and I had our offer accepted on our first property.
We have been dealing with 1 mortgage officer but the rates are not adding up compared to other rates we have found. So I guess we need some he...
Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
I feel the Seattle area real-estate (including King/Snohomish county) prices has gone up faster than I have ever seen before; the early spring allow so many home buyers to go out to shop and the overall economy and jo...
I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?
Until you get a good price?
For example, I offered 275k on a property, and they countered with 370k, which is probably their BPO.
Then if I counter at 300k, do they usually counter at lower than 370k? Or will they s...
I'm trying to find a calculation to help me compare a rental investment property to a stock / mutual fund investment. I've read that rental property CCR can be directly compared to annual return % of a stock inves...