Sorry, I’m new to BP – good stuff. 80% of appraised value? I always thought CAP rate was used to buy multi family? At what point in buying process do you have appraisal done?
What is the best investment strategy for places as expensive as Vancouver, BC. I live there and would love to continue living there, however the prices of homes have become in-affordable and unattainable for the amoun...
I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
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Complete beginner here looking for some advice. I’m about to be an empty nester and in one year plan to move to an apartment and turn my 4 bedroom Houston home into a rental. I’m also thinking of investing in Turnkey ...
I keep coming up with multifamily properties with landlords trying to get out of being a landlord. My problem is even after looking up comps and doing my 70% - expenses formula in my spreadsheet my offer isn't even cl...
I currently got a loan for 300k with 10k down conventional mortgage. Im looking for multifamilies and just learned how to analyze them. From my point of view, I would have to offer below asking or charge above the are...
Hello all! My name is Craig and my professional background is in property and casualty insurance. My goal is to purchase duplexes for buy and hold to create $10k in monthly passive income over the next 18 months. I ha...
Hey everyone!
Been doing some research and came across some nice homes in the Patterson park area of Baltimore. Any feedback or opinions of this area? Looks like it's pretty close to john Hopkins hospital as well as ...
i was so excited about this that i decided to fight with my phone to get to the forum section to post this. I'm new to everything dealing with real estate and i've been reading a lot, but felt as if i wasn't understan...
Hello,I am working on putting together an offer for my first deal. The property is up the block from where I currently live in Long Island, New York. After running the number at various interest rates, worst case scen...