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Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
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So i've come across this situation for the 3rd time in 3 years of landlording. A tenant has financial issues and starts paying rent a week or two late every month. Then they tell me they are moving because they can't ...
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I took the leap and bought two rental properties (4 units each) over the last year. I have made a lot of mistakes so far, and I know that, and I can't go back and change it - but I'm writing this now because I don't ...
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Hi all –I'm going to start posting here pretty frequently and start a member blog here on BiggerPockets and I want to know what you want to know about starting or growign your business.What is it that scares you? It ...
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The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
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I've been thinking about expressing my sentiments for several weeks on this forum. As a Property Manager and STR investor, it's a hard thing to do. I still feel like investing in vacation rentals can be an outstandi...
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Is Las Vegas a good location to purchase buy and hold properties?
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I have one tenant who's been here a long time, before I started not officially including internet. Now I say "I sometimes share mine with people as a courtesy, but it's not included-- if the person makes my internet ...
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Hey guys,
I'm a NPN investor that buys all over the US. I'm interested in hearing what others are paying for their NPN's. I know some lenders/institutions price it based on UPB (Unpaid Balance) or CMV (Current Marke...