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I just recently spoke with a real estate broker that I went to high school with. He told me that in order to get a loan for a 2-4 unit multi family house I would most likely need at least $100,000 to get started and ...
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A standard for buying
20% below market value10% forced appreciation 3% appreciation after 1st year Cashflow 300$ per door10% ROI1-2% rule- 100000k house must rent out at least 1-2%
Are these numbers to unrealistic?
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The 10 Wrong Assumptions made by People purchasing real estate mentorship programs
That being part of a group of people all chasing the same deals, in the same area, trying to use the same strategies and techniqu...
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I am looking at a C+,B- 4 plex in S Florida. Asking is 500k and the neighboring 16 units sold 2 years ago for $1,040,000. These are 825 sf 2/1 units. The numbers are:Asking 500,000Current Rents 815, 800, 750, 815My Of...
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Hi everyone,We are real estate investors who reside in NJ. We own a single family in PA and a multi-family in Albany, NY. We have family in Grand Rapids and we Lately started looking at Grand Rapids market since we h...
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Hello Everyone,I am new to BP and looking to make my 1st investment in Houston area. I evaluated few properties but numbers don't work out. Not sure if I am doing something wrong or it's just hard to find good deals i...
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Is everyone else seeing a slowing market in Missoula? I'm seeing houses sit for longer, and was recently the only offer on a property, it was nice to avoid the usual bidding war.
https://links.e.stessa.com/u/c...
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Here is the monthly sales report for Hillsborough County for August.
Median Sales price: continues to rise from $290K in 2020 to $356,946K in 2021. This is a 23% increase year over year and a $6,945 increase over...
Hello,
I am fairly new to Minneapolis, and am diving into the pre-foreclosure business. I have done some preliminary set-up work, and am planning to join a REI club here. I am trying to obtain good forms, contracts, ...
Right now I'm a teacher trying to make ends meet. I looking forward to getting started in this difficult but high profitable field.