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I prepare taxes for a living and anytime I prepare a return with rental properties I always pick their brain with questions about their rental properties. This older gentleman with multiple rentals has given me a lot ...
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When people talk about being leveraged at 50%,75% or what ever what number are they using to determine that. Original purchase price,current value or something else? Just use my example I have a mf property that I pai...
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Accidental landlord here looking for some help. Just finished renovating my 2 br 1 bath house in Papillion after my first tenants moved out after 2 1/2 years. I am having trouble establishing market value. Its been ...
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Does anyone know of any good resources out there for determining what appreciation for property has been in the past and what it may be in the future? I assume this is closely linked with factors such as median incom...
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Hi, BP!I was wondering how investors determine appreciation (or depreciation for that matter) for a specific neighborhood or city year over year?Example:- In 2015, median sales price for a specific neighborhood is $14...
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Hello all,I am curious about your opinions and thoughts on our current strategy for determining an offer price on properties. Right now, we are looking to earn around $150 per door on units, but I am not sure we are ...
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When doing deal analysis how would one determine the possible closing cost?I have seen that the 'average' persons pay 3 to 5 percent but this number can go as high a 7 percent.What is the best method or judgment to us...
Hi everyone, I was a realtor in the late 90's but had to give it up due to husband's illness. Always had an interest in houses, flipping and rentals but have allowed others to discourage me that it's too risky and I'...
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I am a new investor working on the purchase of my fourth property. My first two properties were REO's that I purchased, rehabbed, rented and am looking to refinance. My other two properties are turn-key rentals. I ...
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Hey BP family, Just a few questions I'm running into in my over priced south Florida market.What determines if a property is actually a good investment? 1-2% rule, Cap, etc?What if it doesn't make the 1-2% rule but ha...