Amir B.
CAP Rate or Comps
Hello BP Community,This question is for the savvy REI's out there. When determining what is a great investment, what is the best way to go about it?here is an example of a property for sale in my area:Duplex809 N Hobs...
Damon Aniton
Future finance options
Gearing up to get my 2nd property soon. Likely near the end of the year or latest early 2024. My W2 income is already rather high. The high end of 6 figures. When it comes to qualifying for the optimal loan amount...
Mary P.
House that's been gutted - wondering if it's worth looking into
Hello - thanks for your input - I was looking a house in a small community near me with an eye to possibly moving into it and renting our own home. It's beautiful and in a nice neighborhood. The house next door is muc...
Account Closed
Fix and Flip Formula
Hey BP new investor here and I would like to know what formula your using for your fix and flip properties. Please break it down into details so I can have a good understanding on how it works. Thanks in advance
Bryan M.
Appraisal vs BPO
I was recently gifted a home through a family member that needs a complete interior rehab....great bones but needs updating. To determine my budget I need to find what it's worth "as is". This property hasn't been on ...
Gregory Schwartz
College Station Fourplex package
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,060,000
Cash invested: $300,000
This is a package of 3 fourplexes on the same street in College Station, T...
Anx Carter
Tax Purposes - Cost Basis for Depreciation - Appraisal Report VS County Assessment
Hi All,
Newbie here. I purchased my home in 2019 however put it as a rental only in 2021. From 2019 county records, land is 86% of the total value of the property which is not realistic. I do have a home appraisal...
Todd Jones
Need Help Evaluating a Potential 14 Duplex Purchase
I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $8...
No Name
Researching Properties
What research do you guys do when researching a property you are going to wholesale?
Thanks.
Savon L Davis
Aprraisails in a small town.
Hi,I am currently house hacking a duplex in a small town that I have been in for 2 months with plans to refinance out of an FHA in a year depending on rates after I finish renovations however when I bought it the clos...