Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...
Hi All,
I'm looking to get involved with a deal that is a $50K investment, 18.5% IRR, 2X multiple and a 4-5 year hold. How can I calculate the what the total return would be?
Thanks!
Hello and thanks to all for the great informationI'm Patrick Ryan an electrician married with 3 kids. I've been on bigger pockets for a while but until now I haven't had anything to contribute or ask. I have some expe...
Hi all,Just went to a seminar and signed up for Tax Lien University and My Company Core. Does anyone have experience with these programs? We have a 3 day opt out clause, figured we would give it a shot. Thanks in adv...
Hello all!I'm a brand newbie to the world of REI and this site and I'm looking to go ahead and jump in and get my feet wet. I'm usually a lurker and information hoarder when it comes to forums, and very rarely ask our...
Hello all!Well, it's my first day here with Bigger Pockets and already I see a wealth of information that I did not have before. I have been in Real Estate since 2006 and am a Supervising Broker. I have an assistant t...
I'm listed as an authorized user on a few of my parents' credit cards. My plan is to buy my first investment property in about 18 months and i'm trying to get my credit score as high as possible during this time. Thei...
Do you guys use IRR to analyze apartment deals?I’ve been reading previous posts and I’ve noticed very few consider IRR before investing in an apartment deal. Why is that?
A guy called me earlier yesterday looking to refinance his third loan ($30,000 at 18%) and get $50,000 on his home valued at approx 240,000 with $130,000 owed. He approximate the repairs to be 20kHe tells me if he can...
I've been aggressively trying to figure out how to purchase my first deal. I've been able to get in with agents and have been getting deals sent to me daily but I have zero clue when it comes to estimating rehab cost ...