I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...
I am considering putting in an offer to purchase 4 duplexes with seller financing. I have a relationship with the sellers already as I have recently purchased other duplexes from their portfolio. Great school distric...
Does a 3/2 Cabin with an indoor pool with no view, 7 miles north of Sevierville will work?I know location and views matter for Smokies. Does a pool cabin that far work with location & views?
I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?
So I've already started on a road that I don't know how to navigate. Searched and read as much as I could but unfortunately am under a time constraint. Was referred to BP as a great community for RE discussing ideas...
Thinking about sending postcards to a targeted neighbor where I want to buy. Curious.. what postcards are pulling the best for you nowadays?
My husband is in the process of buying a house (our first very own ) -a short sale we located, in NJ -seemed a really good deal at 250K in a neighborhood where any house worth buying would be in the mid 300K range....
How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
Here's my first REO Deal:
I live in West Central Georgia on the border of Alabama attempting to make my first offer on a 2 story in a decent neighborhood that has only been on the market for 2 weeks:
Built 1967
4 b...