Matthew Shelton
$100k for $2k in monthly rent?
Hi, BP -Working on a multi-family deal and wanted to run some high level (round) numbers off to see if they make sense.Conventional loan - 20% downRehab - 10%ishMonthly rent potential - $2kUsing the 50% rule, the most...
Marcus Nickson
Looking for investment family real estate brokerage in Jax
Hello Fellow BP Members,I'm working on getting my Florida real estate license I'm in search of a real estate investor friendly brokerage with low agent fees. I'm already licensed in Texas with KW so I'm looking to kee...
Shane Albert
Second opinions thanks to analysis paralysis
Okay BP to the rescue. I found a deal that would be my first. I have always been infatuated with storage units and small multi family. Well wouldn’t ya know it guess what I found after a year of looking. 6 unit buildi...
Henley H.
Realtor told the appraiser about backup offers- ethical?
Our real estate agent mentioned to the appraiser (prior to the appraisal) that their was a backup offer 'well above asking'. She also mentioned that there had been a number of offers that exceeded asking price.She ha...
John Martinez
Seller Finance - Is it worth it?
I am looking into a potential investment property that is in bad shape. The price is reflected of it and I would actually try negotiating the price down a bit more due to the amount of work that has to go into the pro...
Shelli Callan
NADA values for Mobile or Manufactured homes.
Has anyone taken the course to a certified manufactured home appraiser? Pros and Cons anyone?
Eric Samuels
[Calc Review] Help me analyze this deal
Hi guys,
My money partners are looking for a property that will generate them income when they are not living in Philly but will give them a place to stay when they are back in town. Looking to do mid term rental in ...
Patricia Andriolo-Bull
Stessa - 179 deductions
Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
Joshua Thang
Appraisal Report Bedroom Count is Different from Actual Number of Rooms
Hi,So I have a situation where Cuyahoga County records states my house has 2 beds but my house has 3 beds. The appraiser came in and appraised it as a 2 bedroom and called the 3rd bedroom as a "Den". Is this something...
Stephen Bruce
BRRRR a quadplex. Is it possible???
For context, I am in the due diligence process of a quadplex in a C-class area. 2 bed/ 1 bath800 sq ftPP: $275kCap Rate: 7.5%This is my first attempt at BRRRRing a multifamily. Does anyone in the forum have past succe...