How do you estimate insurance costs when your analyze a potential rental deal? I am beginning to analyze deals daily (and in different markets around the country) and I'm not sure how to come up with a good estimate ...
Hey BP Family,I'm taking a look at the two areas above. I already invest in the Lithonia part of Georgia, but I am seeing that the Powder Spring area has better school districts than Lithonia on average. But the renta...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey, I'm attempting to use the BRRRR Calculator on a new construction project. So, im afr...
My husband and I have recently been doing research about becoming private money lenders in real estate. We are interested in talking with someone who could give us some advice about how to get started. We are located ...
I see a great triplex for sale that's in foreclosure. Great area. However, I believe the price is too high. Having never dealt with foreclosures, how negotiable is the price and how low is a bank willing to go?I'm in ...
I did a investment lending to a company for land development project. They offered a 20 % interest premium and 5 % profit sharing (i know too good to be true and there is something wrong). I didn't realize it but they...
Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point. Given the current scenario, there's a high probability that mortgage rates may decr...
I grew up during the real estate bubble and saw my parents go from one house to the next capitalizing on the equity every 2-3 years to build wealth. In that time my parents also purchased rental property and property...
Just got a call from a seller in New Jersey, who had a below ground oil tank removed but the soil is contaminated.What would be a rough estimate to clean up the contamination?
Hello! Long time reader, first time poster! My husband and I have recently purchased our first home and investment property using an FHA backed loan with a 203k rehabilitation loan component. The initial purchase p...