Beatrice Temi
New to Wholesaleing
Hello, I could use some suggestions and ideas. I am just starting in wholesaleing and would like to know if it is wise to put out an LOI on a property that's only 59K and a fixer upper to wholesale. The seller is sell...
Matt Wells
How much money should I insure my rental properties for with ACV and $10K deductible?
I want to get the community's thoughts. How much money should I insure my rental properties for with ACV (actual cash value) and $10K deductible? Should I insure for the capital I have in the homes or for how much t...
Patrick M.
Critique This Deal In A College Town
Hi there- I'm in a college market and have the following property in my sights:
Property: 4 br / 4 ba unit, 1250 sq ft, in MF complex with individual lock-able bed/bath suites
Rent: Currently $1650
...
Xavier Mc holder
Hard money lending investing
A Blog on BP gave the following example:The after repaired value (ARV) of a potential property is $200,000 and you can purchase it for $100,000 and it needs $30,000 in repair costs. In addition you have to consider th...
Bryan H.
Buying from wholesaler
Looking to make my first offer to a wholesaler.
I have purchased off the MLS before and included contingencies for financing, inspections, title, etc. Are these expected & normal for wholesale deals too?
Here...
Sam Schrimsher
4-plex deal analysis
Hey guys, Appreciate it if some folks could provide feedback on my deal analysis. Want to see if i’m on the right track. This is two duplexes. I wasn’t too sure about my capex and repair costs. I think Brandon said ar...
Logan Jorns
IRR.....What is it?
I’m currently reading “What Every Real Estate Investor Needs to Know About Cash Flow...” and just finished the section about the relationship between IRR & NPV.
I don’t feel I have a good grasp on this concept a...
Daniel J Aldrich
Property on market for roughly 4 years
I am looking at purchasing my first property. The property has been on the market for four years now. I believe they just replaced the roof. It's a duplex and needs a bunch of updating to take it out of the 70's......
Ty Wesley
My First Home
How's it going BP members ?
I'm trying to estimate what my monthly mortgage payment would be if I put 10k down on a 55k condo. Property taxes are about 1500 a year and the HOA fee is 150 per month. About how much wo...
Jose Vazquez
Big Mistakes & Nightmares
As a new agent for KW I’m wondering what costly mistakes Real Estate agents commonly make in the beginning of their careers?
Also, on the flip-side, what are some of the things agents do right away that benefit them...