Account Closed
Are You "Recession Proof"?
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...
John Neshiem
Looking for Eminent Domain advice
Hi,I was wondering if I could get some advice on Eminent Domain.I bought my house in Inver Grove in 1998 along 70th street. Dakota county sent notice about possible eminent domain to my family and 3 others. They had...
Javier Osuna
The 2% rule does not apply to every market, does it?
Hello BP gang!I've heard quite a few investors talk about using the 2% rule as a general rule of thumb when evaluating for buy and hold deals for cashflow. However from analizing the rent to value ratio of residential...
Brian Gibbons
Interesting Calculator Site for RE Investments
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
Kristi Moore
Wholesaling Advertisements Online
I am still a newbie so please bear with me. I have been reading about people wanting to advertise the properties they are wholesaling and how they do it. I just wanted to know if it is entirely legal to advertise...
Wendell De Guzman
Violating the 70% rule and still making money?
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
Eric Teran
What is my percentage in building new multifamily with a partner
BP,I'm an Architect. I'm good at that. I get permits fast and have nice designs. One of my clients is a developer and is good at finding properties and running the numbers (not good at that). I like that he is conserv...
Mark Navarrete
Declining Population in my market of interest
Would you consider buying a cash flowing property in a city that has a year over year population decline? I'm doing some research into the Buffalo,NY market because of the favorable purchase to rent ratios and came ac...
Jacoby Atako
Starting with the renter first?
Has anyone ever bought a home because they had a renter in mind they wanted to work with? Especially in this market houses are overpriced, as we all know. But if you know of a renter with good history, was in their ...
David Roberts
what is more profitable, all cash or cash out refi?
the math suggests to me that leverage makes you more profitable using cash out refi method where you buy all in at 75% arv then cash out in 6 mo. That versus buying all cash. Myself and a friend have been debating it...