Hi All! Does anyone have any insight on the Norfolk VA rental market?Looking at purchasing a multifamily in zip code 23502.
Hi All, What do you think of this one: https://techcrunch.com/2019/10/01/rhino-looks-to-replace-renters-security-deposits-with-a-small-monthly-fee/
Good day everyone! I'm still learning and have two questions
1. For the Chicago 60628 zip code, should I use the 70% or 75% rule?
2. Extremely basic question, what is the difference between comps and ARV? I have cal...
BP,
I have a property in Kansas City I am looking for some guidance on.
14 Unit
List Price: $750K
Cap rate is what I am a little unsure of in Kansas City, i used 8 cap for this exampleARV based on the 8 cap is ...
Hello BP Members!!! (hopefully this is the right "post to" forum)
Prelude: Hopefully there's a relatively simple answer. I'm going through the process of getting my notary commission in the state of Virginia; to bec...
Let's say I was planning on buying a property with my brother suppose for $1M. Let's say we were going to operate on a joint tenancy basis (at 50/50)If the plan would be that I would stay in a part of the property and...
Hello all!
Not sure if anyone on here has tried this but I'm thinking about mailing postcards to renters in apartment complexes telling them about my free apartment locating service. I have never done direct mail and...
Hi BP users!I have a question about refinancing. So right now I'm looking at using a private lender to lend me $330,000 to cover 100% of my costs for 3 Condo units I plan to rent out. The payback method is essentiall...
Would this be a prohibited transaction- Let's say I purchase a commercial office building with my SDIRA and lease that property to my full time employer. I am in outside sales and may use the office sometimes. Am I p...
I finally got an offer accepted ( first offer, first accept) on a 2/2 duplex in Frogtown, St Paul. It's a CAT 2. Intent is to flip it, haven't decided whether to keep it as a duplex or turn it back to single family. A...