I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
I have 5 rental properties now but am concerned my debt to income could be a problem soon to finance more properties. I know a big determining factor with banks is your tax returns and how much you actually made that ...
I finally have an accepted contract in the Denver, CO area (woohoo!) and we are in the due diligence phase. After several requests, we got 8 downloads for HOA documents but for some reason the most recent Homeowners A...
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
I've passed my state license exam and am just waiting on the FL DBPR to process my license to make it available to hang my license (Likely by Monday). I've already decided to join eXp for quite a few reasons specific ...
I have a subscription to AirDNA and I am a total newbie to this space. I'm looking at one property that projects the following data:$76K in Revenue, but Net is 48,369. Cap rate of 5.5%, occupancy rate is 64%. What ...
Hello BP Family,After researching, analyzing many deals, networking, and understanding potential markets around me, I’m finally taking a few steps forward. Specifically with my first mortgage. I have an appointment th...
I am looking at a property (garden apartments) with 20 units, 100% rented. Gross rental income annually is $174,000. The annual expenses are listed as $71,400. The apartments were built between 2000-2005. I was wonder...
Hi all! This is my first real opportunity since joining to use the calculator to assist in analyzing a deal.Property is listed for $69,900. But agent feels between $52,500 - $55,000 is more appropriate based on recent...
Question. I’m in Abilene,San Angelo tx. Market. I have just started my marketing for wholesaling after many years of on off courses. I would also like any feedback to which do you think is better for creative financin...