Michael Ross
Rehab a foreclosure or buy a turnkey property and rent out ASAP?
Team,I'm looking at properties in Metro-Detroit and am debating on buying a foreclosed home to rehab or looking in nicer areas for more turnkey properties. I am in the foreign service and will be doing business from a...
Account Closed
Business Plan Critique
Hello All, We have just finished our business plan and wanted to get some feedback from the experts here on BP. Any advice on how to make this better? Are our goals realistic? Any feedback will be appreciated!Business...
Jason Malabute
underwriting vacancy amount
One of the biggest concerns when underwriting is when increasing rents by over 100 dollars and doing value projects, how much should vacancy increase in year 1. I talked to more experienced investors. Experienced inv...
Naeem Boucher
Out of state Investors, Ohio, Buffalo, Philadelphia
All,I currently have one two family property in Paterson NJ which I bought one year ago for 170k. The property is now cash flowing $1k a month but the only problem is the market has increased a lot which makes it tou...
Doug Coup
Fix n flip loans rates, points
Made offer. Trying to get pre apprival letter and finance fix n flip so i dont have to use heloc. And cash reserves.3br 1 bath with multi pin lots. Will subdivide later.150k. 40k reno. Arv comps should ve 225 to 245k...
Jason Malabute
JACKSON COUNTY, MO UNIT COUNT
We are rebuilding our Kansas City list. The problem is Jackson County is not that clear on unit count. For example, if the property is more than 8 units (let's say 100 units) the county will only say ">8" for unit...
Joe Dardano
Investing in an RV Park
Hello Investors: I'm looking at investing in an RV Park. Any pitfalls I should look out for? I see the Profit and Loss statement on one I am interested in, and largest expense is utilities. I would be an out of state ...
Jon Keilson
Chicago Turnkey Companies?
Hi all, I'm new here. I've been reading up on turnkey options and I think I understand most of the pros/cons, and realize it varies per market. We are in San Francisco and we travel to both NYC and Chicago a good am...
Account Closed
Is wholesaling commercial property in 45 Due Diligence realistic?
I have seen many youtube videos regarding wholesaling commercial property within the 45 day due diligence period usually vacant NNN possibilities. Question to brokers/agents? Do most brokers accept wholesale offers fr...
Russell Sherman
1.2M in 1031 exchange
I am going through a divorce and will have to sell a SF rental in California. I am looking into taking the money and buying in central Ohio, where I grew up. I’m a complete novice at this - the house was our one tim...