My memory has failed me, so I'm looking to the collective memory of BP. I think I heard on one of the podcasts that most landlords in the United States only own 1 or 2 properties. In my mind it came out of @Brandon Tu...
How much of a profit should be inside of a wholesale deal on the buyers end after repairs are done?
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
I have about 150-175k for a downpayment on a multiplex. I like to buy in the 1.5-2.0 million range but feel that my downpayment is not enough. On avg is cash flow bigger on lgr buildings? Does anyone have any sugest...
I am currently listing an eight unit building which includes seven residential units and one commercial unit and have provided the seller of that building a pro forma income and expense statement with a 5% of e...
So I met with someone the other day, and we got to talking about deals. He had been doing this for quite a while, but was super cocky and kind of demeaning. I showed him a deal that me and my company had worked on a w...
Hey everybody! Just a quick question for you guys. I’m looking at a property that has 5 units. It’s monthly income is $2,475. Asking price is 150k. I like that it’s well above the 1% rule. I’m still waiting to get the...
Hey guys, just wanted some input from you all to see if this is a good way to structure an offer price.Let's make the assumption that I'm shooting for 8 percent cash on cash (after expenses) and it's an all cash offer...
Hello,I am considering loaning money to another investor's flip project and wanted to know if there was a general rule as to how much return percentage to charge after the sale. Thank you for any insights as this woul...
I'm a real estate appraiser and broker but have no funds to start flipping properties. A friend of mine offered to put up the cash and I would supply the knowledge and legwork. What would be a fair split (50/50) (60...