Hey BPers,Hope everyone is doing well! I want to ask for opinions on making MLS offers, and what strategy/criteria you consider best when going about it. I have been wholesaling for over a year now and for the most pa...
Hello all!Typically when I am analyzing STR deals my most efficient way to find out if a property will cash flow well or not I use the 15% rule. This is where the revenue for the property needs to be 15% or more of th...
Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...
Does anyone use income cap method when making a decision to buy a SFR? Replacement method? Or strictly comparable sales method? Granted, we look at cash flow but what methods do most investors commonly use?
I’m interested to know what your wholesaling conversion ratios are and what ratios are prototypical. This topic has been covered in other forums, but I feel that the actual ratios were hardly even talked about. I few ...
I can't figure out why the NOI figure shows $15k. Unless I am missing something, iAm I doing something wrong?Purchasing the property for $110,000 with hard money (13% & 2 points) and then doing a rate term refi (p...
I know I'll get "beat up" here on BP for even suggesting paying everything off :) but I'm at the point where I'm ready to stop scaling (for now) and have everything paid off.I'm really struggling to find an Avalanche ...
Bp Community, I plan on buying my first property after I graduate school in Dec 2023. Recently Ive been debating the best way to fund my deal, and I've recently discovered a little method called sub-to. Its seller Fin...
Hello, I’m looking to start wholesaling to try raising money faster to buy my first multifamily property. I don’t want to work as agent that’s why I find if I sell just one or two properties as wholesale I will have t...
Hi Y'all,I am 23 and been working a 9-5 for a few years now. I have managed to save about $20,000 and I do have friends and family that would like to "invest in me" as well. I would LOVE nothing more than to quit my ...