Hello!I am getting into the wholesale real estate sphere. Although I reside in Detroit, Michigan, I am eager to investigate the parameters/factors that will allow me to identify a wholesale market.What types of thing...
Hi guys-
In my transactions I have the buyers paying all the closing cost.
As you know, to arrive at the acquisition price we subtract the repairs and the assignment fees from 70% of the ARV.
But how...
Hi everyone,I have recently become very interested in moving the pacific northwest to invest in buy-and-hold properties long term. I am particularly interested in the Portland and Vancouver areas as well as other pla...
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
Hey all,
I am currently just researching and practicing right now. One thing I have been doing is assessing the cash-on-cash value of certain properties in my town. I factor in vacancy rates and some other stuff, bu...
I have a seller of a 50 unit apt complex offering seller financing with a down payment large enough to pay-off his existing note. The downpayment would equate to about 12.5% of the purchase price.
My question: Is th...
I am evaluating a senior independent housing units. Just wondering if there are any thumbrules or generic numbers that I can use. Here are some of the things that I am looking for, I will appreciate if you could share...
What do you guys look up when deciding whether an area of the city is growing or declining, whether there are businesses and people coming in or going out? Where do you look these things up and more specifically what ...
Hi,I'm interested in predicting capital growth of property prices - finding the leading economic indicators that increase the likelihood of property prices increasing and/or not falling (increasing gains but also redu...
Good morning everyone! I am running all of the numbers on the first positive cashflowing duplex property I found on Zillow. I got to the utilities, and found the town rates for sewer and electrical, but how does ...