Hi guys,I just closed on my second property. It’s a split level house with 2 / 1 on each level, both about 900sqft. There’s a separate kitchen and living space on each level, acting as a non-conforming up/down duplex....
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...
Hello BP!Everyone knows a term "motivated seller" and a certain images may pop up in one's mind when that term is heard. But about buyers? It looks like there are plenty of those came around in the last few years and ...
Hi everyone! I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on a...
First some background... I've done multiple single family homes in Texas which is where i grew up but I now live in Washington. Property management company manages my residential properties in Texas and I'm a passive...
I live in Port Saint Lucie, and it seems that it is very hard to find any kind of investor opportunities. REOs that need a ton of work are being bid up to near ARV. The Foreclosure auction is a crap shoot, and has a...
I am generally NOT concerned with the real estate market - in fact I think I would appreciate a little cool down. We are shorter in supply and higher in demand this year so far than we have been before. I have recentl...
Hi, long time lurker, first time poster. I own a flooring/home improvement warehouse in Dallas and we have developed a great following of real estate investors over the past couple of years. Since we deal i...
I currently have 2 Single Family units and am looking into the possibility of buying my first multifamily unit. The goal for me is to replace my 9-5 income and I believe a mixture of SFH and Multifamily will be the q...