Hey BP Community,
Recently when I have been observing others analyze multifamily deals I keep seeing these two terms Market Rent Discount that they are withholding as another reserve account for the property, along ...
We don’t have a lot of distressed homes in the area I live. Some need minor fix up’s when offering cash for homes under 200,000 how much on average will sellers discount their homes because it’s a cash offer.
Investment Info:
Single-family residence fix & flip investment in Folsom.
Purchase price: $575,000
Cash invested: $12,000
Sale price: $650,000
Personal that we paint carpet and misc minor rep...
I am an investor in Cleveland looking to buy a vacation rental in Florida that we can stay at and rent out (will be using property management).
We want to be on the beach if possible - I am still in the v...
Frank Gallinelli's great book "What Every Real Estate Investor Needs to Know About Cash Flow" got me thinking about how to properly account for replacement reserves in rental properties. If we discount future rent...
I read a post about possible income tax due after you purchase a note at a discount , But can not find it again. Any input would be Great
Thanks, Mark G
We recently had a furnace break two weeks ago and the renter is demanding a refund. The night we were notified, we examined it found some loose connections and got it running again. The next day it broke again we de...
I am a landlord and my insurance company sent me a letter stating that I could get a small discount if I provide a copy of the lease agreement I have with my tenant. What information are they looking for in the agreem...
Is this plausible or am I out in left field?If I am able to buy a 75K house for 50K because I am paying with cash, can I then execute a Cash Out Refi for 80% APV bringing 60K back in my pocket? The house is fine and c...
I remember hearing stories from my finance professors about how when interest rates were high in 70s the banks would offer mortgage borrowers a chance to payoff their loan at a discount to the principal balance. Pre...