Hello Everybody! Is it safe to assume price appreciation of 3% (rate of inflation) when analyzing a property. I understand that values can definitely go the other way, but is it safe to assume any amount of apprecia...
I've owned a quadplex for almost 2 years, land-lorded by a property manager since Day 1. I've had one of the units vacant the entire length of my ownership - the initial vacancy was filled, then a troublesome tenant m...
Hello All! No one seems to be able to answer this questions. Let’s say you have a minimum credit score of 600 to rent a home. A couple or two friends decide to apply. In this situation, one has over the 600 credit sco...
Whats an acceptable cap rate for buying multifamily (2-4) with cash?
Houses range in 30-45k, and rent is 550-650 per unit (2bd).
Also how easy is it for someone to get a loan on a property that is worth...
How do you accept yours?
1. Realizing I will make mistakes...don't harp on them, keep it moving!!!
2. Find ways to improve...willing to make changes/adjustments
3. Lifelong learner.. Can never ...
Hi everybody!
I have a question about acceptable cash flow for a SFR investment in the St. Louis and surrounding areas. I am starting to analyze deals and was wondering if anyone could help me better understand the ...
Hey guys. Looked at a raised ranch 4bed 2bath house in Beacon, New York. It's 2,350 sqft and corner lot. Needs minor work such as flooring, paint and kitchen remodel. Has finished basement with minor repairs. House wa...
Hello BP nation,Does anyone know the best PM company rates to negotiate for? I heard first month's rent of any new tenant plus 10% monthly for all routine issues managing the property. Any jobs or issues outside routi...
I look at REOs in my neighborhood. In the MLS the banks list them very near market value, it seems. As an example, there is a house listed at $550,000. The ARV is probably less than that, lets say $500,000. Using ...
What are some strategies and/or tips anyone can give in regards to getting your offers accepted?? I know it comes down to a numbers game, meaning you should expect to submit A LOT of offers before one is accepted (sin...