Hello BP members,I found a following deal and wondering if it make sense to have it as my first Buy&Hold.It is 2bds, 1bath apartment with the following numbers:Price $180KMortgage after 20% down with 4.5%: $811 mo...
Hey! I'm just learning how to analyze deals and I'm confused about how to estimate property taxes. option 1: someone told me that property taxes are about 1.25% of a property's purchase priceoption 2: the mortgage est...
Hi there people, we bought three distressed properties in Orange NEw Jersey recently. It's two blocks away from a train station, and there are 4 new large apartment complexes being buildt close by the train station.Th...
I know about the BP wholesaling calculator but what are some questions i need to ask when dealing with a motivated seller like how do i find out how much the repairs will cost, and holding cost , transaction cost how ...
It's mix use. It has a store front (been there for 5 years) and two apartments above. It's a main street in a up and coming town.
asking price is 345,000
Rent Current Market ...
I'm newer to trailers so I'm here for advice. I have a 1984 trailer on 1/2 acre land on a quiet street. It's within 5 minutes of nice shopping centers, a mall, and other retail shops. I cannot find any real comps a...
What software is good for analysing deal's?
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
I just got off the phone with a gentleman selling two duplexes in my target buy area. He asserted that the prices asked were a "solid 8.5% cap," but a quick glance at the numbers reveal that all of the soft costs -...
I'm trying to understand how to reduce the uncertainty in feasibility analysis of a property development, and I thought some of you here might be able to comment from your experience. I understand it is best to sell a...