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Hi BP community!I'm currently actively looking for a rental property in the Sacramento area. I grew up in the Peninsula portion of the Bay Area and it's too outpriced here to invest locally. I was just in escrow for...
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Okay, so I've been learning about NOI and cap rates and I'm curious to figure out what mine is for the house I currently own. I live in it, but also rent it out to some friends.
Purchase Price: $105,000
Renovations...
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When buying a potential rental property (to BRRRR) how important is property value (going in) ? For example I've been looking at properties on realtor.com and many of the homes have property values that are down 8% to...
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hello community I found a deal in a small city ,about 30,000 people or so. the park is in bad shape. it needs replaced, mowed, cleaned up. There's 41 spots 16 mobile homes. 9 are park owned. i believe that only...
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Hey! I'm looking at purchasing a property that I'd turn into an AirBnB in a skiing town. During the long winter months here in Canada, the AirBnB will be rented out for sure, But how do I account for the slow summer m...
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We are upgrading to a new house, and our current "starter home" is ideal for renting. Great location, HOA takes care of lawn/snow, house is only 18 years old, has a new roof and water heater. Our real estate agent t...
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Question: how do they calculate cashflow? I believe cashflow is the NOI minus mortgage. Please tell me if I am wrong. I was trying to make an offer on a duplex just to see how much cashflow it will generate. The cashf...
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Looking for advice.
I found a small multifamily for sale and the tax assessed value is $120k less than the asking price. Rents are slightly below market and has long term tenants in place.
At the full asking pr...
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So I'm new to wholesaling and am trying to figure out the basics of pricing.Everything that I've come across so far tells me to make an offer of no more than 70% of the ARV.But what if the house is worth a lot and nee...
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Hello all! I have found a few websites like HappyInvestor.com and Hubzu.com that claim to have good leads on deals in the area. Has anyone ever used them and how accurate is the information? Is there a website that...