Ok so I have a current deal that I know I can buy for $47,900. It appraised for $103,000 last year, it is a foreclosure property (divorce). So after looking at those numbers it seems like it is a great deal. However I...
Hi, my name is Matthew, I am from Pittsburgh and I am new to both REI and BP. I am primarily interested in long term buy and hold rentals. I have spent the last 6 mos reading/watching everything I can, to try and lear...
My husband and I are looking to go in on our first buy-and-hold rental. I've been hearing and reading different things about Cash on Cash ROI and what constitutes a "good enough" return. My husband has a co-worker t...
Hello BP community, I'm wondering if using 5% of the purchase price as a figure to represent closing costs (when running estimates) is a conservative enough number for the state of Florida specifically? I will be usin...
What is everyone's forecast on cap rates? I am struggling finding deals in my financial models but I might be being too conservative with my projected cap rate.Any multifamily investors willing to hop on a phone call ...
I am considering a purchase of a duplex as an owner occupier in a central Seattle neighborhood (limited by a commute to Redmond). I am a newbie, and would like a few more experienced eyes to look over the numbers and...
I'm heading to the Gatlinburg/Pigeon Forge area to look at some cabins (3 - 4 bedrooms). My analysis is showing projected annual income after expenses at about $30k (20% cash on cash return) using today's home values ...
Need some advice on a deal, what are your thoughts below???Ideally would like the BRRRR or can flip as another exit strategy4 bedroom 2 bath, 1400sq ft in Addison IL, off market deal, horder house that needs to be tho...
Summary:1. Owner of record is 80+ years old with dementia, out of state in California2. i am communicating with conservatorship who lives in California and wants nothing to do with property. He is the trustee of the t...
Hello Team! I'm a newbie RE investor from Concord, CA looking to connect with more like minded people for accountability and motivation. I have been making steady progress towards purchasing my first investment proper...