So I pull comps in the same neighborhood or within 1 mile of the property. I make sure they have the same bed and bath, sometimes I'll go down a bath but not up a bath. I make sure the sq. feet is within 150 of each...
I have an opportunity to by some land (@ 2 acres) for 8k, which is tax value for the raw land. One plot has a septic tank and well in place, both have a creek on it. It is rural land, but in a neighborhood with mob...
Hello BP community,I am confident that someone in the BP community will be able to help me with a deal I am considering. My brother (who lives in San Diego) and I (live in Chicago) have partnered on a 2 unit buy-and-h...
Hi,Would someone plz confirm if the current unpaid principal balance is calculated as follows or otherwise?Note is $30,000 - $1,158.04 (which is payments of $289.51 per month x 4 payments made) = an UBP of $28,841.96 ...
I'm sure its been asked/answered a million times, but, I'm looking at a bank reo tomorrow and would like to hear what folks are offering UNDER the ask...Its listed at 37,900, down from 60k since February. It wants a r...
Hello all,New member here and planning to buying my first STR in Smoky Mountains. I've been in smoky mountains once and I loved it. Very excited to join the market!I'm thinking of buying a property around $250,000, bu...
My friend is a rehabber in a city about an hour north of me. I have a direct mail marketing campaign set up in my own town that targets foreclosures. We have been talking about partnering up.
Basically I will be s...
Rookie mistake. So I just closed on a sale and received the settlement check and was more than expected. I soon realized that the check had over budget expenses that I paid out of pocket included. So my renovation was...
I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...