Greetings friends! Wondering if I could get a sanity check on this. Here's what I'm looking at:- Currently purchasing a primary residence, closing soon- There is a detached garage which can be converted to a living sp...
I have read a couple of different theories, so I thought this might be a good place to get some info. I know that it is obviously not necessary to have a realtor's license to invest in properties. However, I'm curious...
Hi, I'm new to real estate investing. I ran the numbers on a property in western Michigan on the MLS, and they look good to me. Could someone verify that the numbers are about right? Am I leaving something out?Units -...
Hi BP
I got into REI about a year ago...Right now I have 4 SFR and about to close on my 5th. All of my properties are within a 5 minute drive. That being said I can manage them myself...not there is a whole lot of ...
I am working on a wholesale deal with someone who has a buyer that has $5000 to put down for a house and wants to pay $400-$500 a month for it. It is my job to find the home. I've found a house for sale by an owner w...
Hey Everyone,
I am have a hard time figuring out the calculation for NOI on the BP rental calculator. I've put in dummy values to see if I can reproduce the calculations myself but NOI is not coming out right.
I und...
Since I started educating myself on real estate as a way to invest my money, I have had LTR in the back of my mind. Realistically thinking about what is my goal with RE, I have come to the conclusion it isn't to retir...
I am closing on my first property Wednesday. Purchase price is 92k I plan on putting 10k into it. Based on comps I’m estimating the ARV to be 140k. I have a 30 year 4.35% mortgage with 20% down. Closing costs and lawy...
I am not sure which one to go with. Any responses would be very much appreciated. Thank you 🙏
Planning on doing some repairs to a duplex over a couple years and I'm trying to figure out if it'd be better to do the repairs faster and refinance at the lastest by the end of the year or if it's not a big deal to p...