Account Closed
Fourplex Analysis Help
Hello BP, 25-year old from Texas here and I'm itching to get into the game. Here's the first property that I've come across that seemed actually worth my time to crunch the numbers on, help me see if this is a good de...
Justin Case
Help Estimating Rehab Costs?
Hi all,Investing newbie here. I'm hoping to use the BRRRR method on run-down small multi-family properties in Connecticut. I found a duplex on the MLS that's in bad shape and am trying to estimate the rehab costs (p...
Preston C.
No viewing, Occupied Foreclosure Auction
Anyone have experience bidding on/buying a property that doesn’t allow viewings or have interior pictures because it is occupied? I found a house I am interested in buying and the auction is on Hubzu, but I’m a bit ne...
Jeff S.
Delaware Statutory Trusts-Problems?
Talking with an investor who is in our group that sold 3 triplexes and invested $850k into a DST as part of her retirement plan. She invested in multiple apartment houses. One of the apartments started with 200k in re...
William C.
More Accurate Pre-Purchase Calculations (Focus on Repairs/Maint)
As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...
Ben Sears
Comparing Rental Properties
I'm currently looking at two potential rental properties but having trouble running the numbers and developing a system to determine which is the better deal. So I turn to the experts at BP!Property 1980 sq feet with ...
Alex Capozzolo
Philly Sheriff Sale - THE GOOD, BAD, & UGLY
Hey BP ! Seeking some feedback on anyone who has experience buying at Philadelphia's Sheriff Sale! Any best practices that have worked for investors purchasing properties to BRRRR? Is it common for people to just whol...
Account Closed
How to develop relationship with future mentor - who's a stranger
I read in the "Ultimate beginner's guide" that in order to have a REI mentor in your local area, you must develop a relationship with them first. I've found one person who fits my area of interest, but we're complete...
Jared W Smith
Multi-Family Property & Major Rehab - New Investor
Hello all, New here and wrapping my head around the logistics within a buy-and-hold strategy on a rehab multi-family property. I am in NY, not NYC- Westchester & Rockland Counties. I am looking at a 5-Family prope...
Antonio Bodley
Offer price is more than asking price.
Is it possible I can get a home under contract without using the MAO calculation? I was looking at homes from motivated sellers where their asking prices are lower than the MAO I was going to use. If that is the case,...