Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
Hello BP. As you can very well see by my profile and the discussion topic I've posted here, I am a spanking new member. The discussion I'm going to attempt to induce is one that I'm certain comes as no surprise to man...
My son in elementary school is currently dealing with dyslexia that he inherited from me. So lately I've been a little more sensitive to the topic. I suppose most see this as a curse and I've continued to ponder the t...
I would like to ask everyone to post your experiences between two possible marketing strategies.
One is a direct mailing using postcards with addresses purchased from a list broker and the second is using an opt-in fr...
Newbie Here - I'm planning to start real estate investing using the BRRRR strategy in Cincinnati Ohio. So far, finding funds and financing has been the easy part. It's the rehab that has me worried. I've screened s...
Hi BP community,
I just closed on my first single family home in Lansing, MI today! Woo! It's already been a long process to get here (short sale) and now all the real work of getting it rented out is about to begin....
Is it a good idea to send 50-100 lowball offers at prices that cash flow? I don't mean real offers, I mean informal emails proposing a different price. Proof of Funds always attached of course.
Does fix& flip still make sense??? in 2024? -- was wondering about that, 2nd. thing that comes to my mind is what you guys think about : " buy & hold " in the areas like: OH, MI, TN,AR, TX, FL ?? -- and what w...
Hey all! Check out this deal I came across and let me know your thoughts on it! I did this at the assumption I would be purchasing the asking price!Info: 3-1 bedrooms, 1-2 bedroom, and a commercial spaceRents: I assum...
I have a family member who recently inherited a fairly decent sum of money and wants to invest it in real estate. They are young and are just beginning to educate themselves on the general topic. I am a new investor m...