When analyzing a deal, the expenses data available (opex, vacancy, PM, capex, etc.) is at the time of purchase. However, this data is bound to change post purchase. What are some tips to estimate what these expenses w...
Hi BP Folks! My husband and I are in contract on an investment property as buyers, completed the inspection, and our agent submitted our repair requests timely. Contract specified that seller had 2 days to respond (y...
I'm looking to invest cash in a single family home or two and use them for rentals. My goal, like all of us, is to try and make more money doing this then letting the money sit in a mutual fund. This is where it gets ...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $195,000
Cash invested: $10,000
Sale price: $440,000
This was a distressed 4-plex in a very nice part...
Why do so many succesful real estate rehabbers use hard money loans when they buy a home to flip? I'm wondering why they don't use their own capital to avoid costly interest rates.
Hi every one I am brand new, just signed up to bigger pockets today. I have a unique opportunity with a piece of property I obtained in the booming Uptown Charlotte 3rd ward neighborhood. I purchased the small hous...
I see that a lot of investors like to buy properties for cash, and refinance them at a later date to pull out their equity. In my opinion, it would be smarter to use the leverage on the front end, to maximize your pu...
Would you buy a duplex for $190k in a rural town in Ohio? I want to see if my property can make sense for someone at $190k.
3/1 on each side. $1250 sq Ft on each. New roof, furnaces, water heater. No gutters. Both h...
Hi!I am a newbie in my education and research phase, looking to buy my first rental property in 2022. My plan is to start now and scale this rental property business by buying 1 unit on year 1, 2 on year 2 , 4 on year...
I can borrow against the savings in my credit union account. The rate is 1.95% (only .2% net over the interest rate they pay me). I can get a 10 year amortization. The turnaround is about 48 hrs to fund. Seems lik...