Well, not brand new. I've been around for almost a month, but never did the new member introduction thing. I didn't see the value in it at first. Having used the site for a little bit I see how important it can be....
If I bought a property for 40k, ( purchase and rehab), and my Noi is 8k, my cap rate is 20%
Question? If property value increases to 120k after 5 years, and my Noi is the same 8k, does my cap rate drop to 6 %? Is c...
Hello BP Community!
I am from Montreal, Canada. More precisely in Brossard. I am 38 and working as an IT consultant.
My wife and I bought our first triplex 2.5 years ago after realizing that we would no...
I need some advice. So my dad has a tenant who hasn't paid rent for 3 months. My dad doesn't want to take it to court because the apartment doesn't have a permit, so it's illegal. Ever since, she started living their ...
Attn Rehabbers: In general would the average experienced rehabber deal with an old boarded up, built in 1880, total gut house for $225K (topic says 200K but it's 225K) where the ARV is $710K in Long Island, NY? ne...
My condo is in Minneapolis. The value is approximately 190,000. I owe 64,000 on it and purchased it at 145,000 4 years ago. My monthly payment is $1,200 (including HOA-275 and taxes) and I could likely rent it for $1,...
Hello all, my name is Janice and I am a licensed real estate agent in Atlanta, Georgia and a new real estate investor. I am here to network and build successful business relationships with both new and sea...
I have two properties (a duplex and SFH) a family member is offering at deep discount, he needs to short sale. They are in Miami & I'm in WPB so, too far away for me to use VA or FHA as an owner occupant. Neither...
My name is Sakarin, and I am a new member of BP & an investor looking to build on my first deal in North Central and Central Arkansas. I am looking to network with other investors, build a renovation team, and sca...
Hi all,I am looking to partner with a friend of mine to purchase some rental properties. I will be funding the deals and he will be finding the properties, diligencing, and then managing the properties. What does the...