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...
Hello - Is there a way to purchase a CMA (Comprehensive Mark Analyses) - type database to quickly run comps on a house? I looked and don't think BP offers anything like that. Thank you in advance!!Debbie
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 ...
What software is good for analysing deal's?
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...
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 -...