Investment Info:
Single-family residence fix & flip investment in Laurel.
Purchase price: $375,000
Cash invested: $85,000
Sale price: $585,000
foreclosure bought at auction that had moldy and...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
HelloI am looking into purchasing a STR in Orlando/Davenport area, just beginning my research. Do anyone think this is a saturated market and a bad idea at this time or is it still growing?
I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.
I have offered a variety o...
I always tell people when you lose a tenant in your single-family rental, you are 100% vacant, and when you lose one tenant in your 100 unit complex, you are 1% vacant. I was reminded of the power of diversification b...
We just finished our first flip the first part of October. The day we listed it with a realtor, we got a full priced offer of 149,900, and we agreed to pay 5000$ towards closing. We thought we could potentially get ...
Hey BP,I want to wholesale using subject-to financing. The goal is to get the properties subject-to, then use a wrap mortgage to sell to a buyer (at a higher rate than the origninal mortgage being taken over subject-t...
Hi there,
A co-worker with some single-family rentals has asked whether I would like to purchase a package of 4 of them, 3 currently with tenants and one nearly ready to rent. These are 90 minutes away from w...
I need some advice please.
Northern California landlord here. Tenant couple who are late on rent 9 out of 12 months has not paid at all for April.
Claims it’s because they both are working less or not at all. (Mix...
Has anyone put a mortgage on a home that's between 500-600 square feet? If so, can you provide a recommendation?
It's an SFR in South Carolina and I've got it UA off-market. Numbers are great with a lot of value-ad...