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Hello All, been a member of BP for quite some time now, but rarely participate. However, need some folks to chime in on this one. Have a renter, attempted eviction last year (6 months arrears), court ordered tax che...
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Why is my syndication asking for capital calls? Are any of you experiencing this?
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Good Afternoon (sorry this is long but want to give a full picture)I bought my first house here in Denver Feb 2020, my budget wasn't huge so I have a 640sqft (2br1bath) single family with a large yard in a C class (as...
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I recently missed out on a deal after spending 3 days calculating, calling contractors, and trying to schedule a time to look at a property. It was a two-house deal under one deed. One was partially renovated, but the...
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I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip. My question is if people would ...
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Hi all, I need some help analyzing a potential deal. I will provide the basics of the scenario:2 properties for 1 price: Sale Price : $56000 vs $50000 Total rent : $1450Vacancy (8%) : $116 (although both properties te...
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I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
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Hi, My wife is Allison, I'm her husband David. We have a 3 rental unit in Park Slope, Brooklyn. The 15 yr mortgage will be paid off in 3 years. Right now we have 90% equity in the house. We'd like to make another ...
Hi All,
I just found biggerpockets a few days ago and figured I'd jump right in with an intro! I'm quite interested in real estate investing, and even though I think I know next to jack squat as a whole, my wife and...
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Right now, I am in the beginning stages of real estate investment spending a lot of my time educating myself. "House Hacking" is probably my best strategy while searching for my first property. I'm single, financially...