Alex Corvin
Minimal/no cashflow, but good potential for appreciation
Hello BP community. I'm considering buying a property to hold and rent out, and would like some more input on whether it's a good buy.The property is in the Raleigh, NC market, specifically in the downtown Cary area (...
Yi Chung Chen
newb with 2 rentals in San Jose, advice on investing $500k
Recently sold 1 property in Santa Clara, CA. have 2 more in San Jose. We live in 1 of them + rent out 1/2 to wife's C-corp business. other one is cash flowing $1.3k/mth, but only because we put $500k downpayment. ...
Angelo Behar
Appraisal came in low, is it still a good deal?
Hello BP, I hoping for the valued opinions of the BP community for my current predicament.A purchase agreement was signed by both parties for the price of $152,500 for a 3/2 owner occupied, with two 1/1’s attached ren...
Harpreet Walia
New Castle, PA - Property Manager?
Hi, Can anyone please advise of a reliable property manager in New Castle PA area. Someone who you have used or currently using. Any response will be greatly appreciatedTIA
Megan Hirlehey
How Would You Evaluate this Buyout
Hi BP,
My business partner and I are potentially negotiating him buying me out of a partnership in which we own one house. The numbers are below, how would you evaluate a "fair" buyout price? I know there's many diff...
Phillip Lee
House doesn’t appraise for asking price| seller won’t drop price
Hi,
I am a new agent and I am doing my first deal on my current home in Virginia.
What if the current home we are putting in an offer on doesn’t appraise for the asking price and is lower, the seller won’t drop the...
James Wierzba
Is an expensive market an exception to the cash flow rule?
The question: I would like to know if there is an acceptable exception to the "cash flow is king rule". I am in full agreement that a positive cash flow is a very important goal, due to the fact it insulates you from ...
Louis L.
Refinance Vs Sell multifamily rental
Upon completion of a multifamily building renovation - do you usually sell the entire building, or refinance it to get the equity and hold it for the residual cash flow?As far as a business plan, I am struggling with ...
Jeremy Clarke
The Age Old Question...Sell or Hold?
My house by is worth roughly $385,000 i owe $233,000 on the loan. I bought the house in March, 2015. So if i were to sell the property today then my capital gain would be roughly $152,000. I lived in this house as my ...
Sean McDowell
Recent Columbia, SC Fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $79,000
Cash invested: $69,221
Sale price: $178,000
This was our first flip project. We had a mentor guide us t...