Hi,I will be closing on a duplex in NJ where I will live in one unit and the tenant will live in the other. The tenant is currently on an expired lease (going month to month), so I am looking to determine the appropri...
Hey BP,I initially thought that to value commercial real estate you just use the income approach and apply a cap rate. I have read about other methods such as the cost approach and the sales approach. I am confused in...
Hi, I recently bought my first commercial property from a buddy and looking for some opinions.Its a 4 space office building that meets the states requirements (MN) for auto dealers to hold there license and do buisne...
Hi All,I'm looking to flip SFH's and wondering how I can determine which cities would be a good starting place. Can you look at selling trends or demographics, etc to determine if a city would be a good opportunity? ...
Ok here is the deal. I am working an off market "deal". There are two triplexes for sale that each bring in $19,800/year per building.$19,800 x 2 buildings = 39,600 Total Gross RentThe seller in coming up with their a...
My W2 is affording me some extra time and I want to spend that time building my REI experience.I am a commercial lighting and interior designer and lighting controls expert. I design small to large scale commercial p...
Hello everyone! I am new to BP and VERY eager to get my feet wet in RE. One thing I am having trouble doing is determining the ARV of a home. I tried to use website like Zillow and the like to see what houses in the...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $111,000
Cash invested: $35,000
First property. Goal is to simply start.
A great opportunity to move from theory t...
Hi,
Recently with my direct mail campaign a person who received a letter from me referred their friend who currently owns a home in an area I’m looking to invest. They bought the house at the height of the market nea...
Recently I have been getting questions from folks just starting out in the Wholesaling niche having trouble finding buyer's for their deals and determining values. I really can relate to these 2 hurdles these people a...