Alfred Costanzo
How much money do you need to save up for a house hack???
Hi Everyone,
I am looking to buy a property in the St Pete/Tampa area. I have been looking at mostly 2-4 units I am a newbie and this would be my first real estate purchase.
Price range I am looking at is a $250,000...
Kyle D.
TripleNNN lease (church) possible redevelopment
Hey all,I know a re-development/purpose of a building is a little out of my league right now but I was thinking about the overall deal and it seems like I am still net+ cashflow even at closing, until I get some more ...
Val J.
Let's make a Deal or Don't?
Before I take the plunge, tell me if you'd invest in this property for buy & hold. I'm in the DFW area. I have an opportunity to purchase a home in the Oak Cliff area of Dallas for 50k. Foundation appear to be gr...
John Warren
Analyze my first deal!
Hi everyone,So I am about to close my first deal next week. I would love to hear your thoughts on the deal. The property is a four unit building that I am purchasing for $195,000 with 20% down. I used a cash out refi ...
Shannon Curtis
First time working with hard money / seller financing
I came across an opportunity that looks as follows and I am hoping someone who has more experience can help me out as I have never worked with seller financing or hard money before. Seller listed at $139,900. Will do...
Donny Widjaja
For multifamily, should I analyze numbers first?
I've been looking at some multifamily (from 5 to 20 units) and practicing to analyze those deals with BP's calculator.When I find a deal that fit my criteria, should I check for the real numbers from the seller first?...
Kevin Sapp
Tax on unused insurance settlement
Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
Doug Willis
Out of State Investing
Looking to buy a duplex or fourplex in the midwest. When I do the analysis I assume approx 5% vacancy, 8-10% in capital reserve, and another 8-10% in property management. With 25% down the numbers begin to get very ti...
Jack B.
Find tenant for prop A before giving notice to tenant at prop B?
I'm moving back into one of my rentals this November and renting out my currently primary residence. Was planning on finding tenant for property A (primary residence) first before giving notice to tenant at property B...
Account Closed
Seed Capital vs. Reserves
What do you believe is an appropriate percentage of Seed Capital vs. reserves that you should have. For example, if you are buying a $100k house and have to put 20% down how much should you have on reserve (20% or more)?