Hello, I've recently only dealt with SFH's but, my main goal is to invest in apartments only. I'm getting ready to buy my first apartment deal. A 10 unit apartment that consist of two buildings. They both need some wo...
There are different areas and which of them has its own average GRM. I am wondering what forces do affect these trends? Why in some part of the state we can have GRM as high as 12 and in other as low as 8? What is the...
Hello All,
First off want to thank everyone for reading this post. I have been wanting to get into the real estate investment industry for a while now after I saved a decent amount for a down payment + rehab. I wante...
I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
I'm hoping to purchase fourplex in Los Angeles to owner occupy at some point in the near future and have some questions regarding the unit I'll be living in and what I would need to be putting in "rent" wise. Let's sa...
Hi all,
I'm doing a cash out refi, and the appraised value is "okay", but I think it's off by about 20k; which makes a huge difference in the cash out value. Essentially, there are 4 adjustments the appraiser is doi...
Good evening everyone! I am new to the BP forums and REI in general and was hoping to get some opinions from you all on the best way for me to go about getting my journey started in REI. My current goal is to get inve...
I need to understand how a mortgage lender thinks re: short sales when they've been paid a mortgage for 8 years.Situation: Nice 3/2, 1,350 sq. ft. SFR in good location (great neighborhood, near schools, desirable par...
This news is interesting given that the Pheonix market is super hot. We can only articulate Why? #Zillow has decided to dump its home inventory in this MSA. The following are a few that comes to mind:
(1) Holding cos...
Hi BP,A group of people I know recently asked if they can lend me money on my next project but I haven't accepted private funding for my projects up to this point of my investment career. I was wondering what is the l...