Frank A Castro
My agent is not comfortable with my offers
Good evening fellows, I'm currently in the process of buying my second property. I am using a VA loan and I am currently located in Virginia beach with the following search criteria: SFR 4/2 with a backyard ( garage i...
Scott Weaner
Should I Pay Points for a Better Rate
We are about to buy or first investment property. I can get a mortgage rate of either 4.375% with 0 points, or 4.125% with 1 point. My calculations show me a break even time of about 5 years. We have plans to keep the...
Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Tristan Colborg
First Property and Property Management Fees
Hey BP community! I just closed on my first property and I am in the process of getting things set up for property management. I met with a couple of different companies, and feel like I know who I am going to go with...
Branton B.
Tiny Markets and no Market Cap Rates
Analyzing a few 5+ unit deals in an ultra small market, where even local commercial brokers and lenders say “we don’t really use market cap rates, we just order a third party appraisal” to determine value. I have “ac...
Albert Lubin
Need help Analyzing a commercial property
Hi everyone! I'm a newbie and I'm analyzing a 10-unit property to buy and hold. Based on my analysis, the recommended Purchase price is coming up way lower than the asking price. Am I doing something wrong? Below are ...
Account Closed
how much do you pay realtors?
This business has taught me to be frugal. As such, I have a hard time paying the full 6 percent that is standard in my area. I've sold FSBO a few times and I know that with tight inventory, rehabbed houses practical...
Brian Fournier
Question on evaluating apartment building
Hi Everyone, I am beginning the process of switching from small 3-unit apartment buildings to larger 10-20 unit commercial apartment buildings. I am looking for advice on how to evaluate these larger buildings for p...
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New from Northern Missouri
Hi,
My name is Tony from Marceline, Missouri. I have been using the resources on this website for over a year and thought it was time to join in. The property analysis tools are great.
I currently own 4 duplexes a...
James Nam
First time OO Rental Property! Please halp!
Hello BP Community, Currently I am looking at property on Homepath via the First Look program that is listed for ~260k - I'm hoping that my offer for roughly ~210k will be good enough to be accepted. I'm going for the...