Timothy Lon
Offer accepted on first deal (SFR), good deal?
SFR:Listing Price - $45,000Accepted Offer - $39,900Rent: $650-700 (Conservative estimate) ($800-850 aggressive)Running the numbers, I've assumed the conservative rent estimate of $650 for the area, 7.5% for vacancy, a...
Jason Malabute
[Calc Review] Help me analyze this deal-Am I doing it right?
I am always practicing analyzing deals, but how do I know if I am doing it right? How. do I double check my answer?View report*This link comes directly from our calculators, based on information input...
David Robertson
Rehabbing: Do you play Jeterball or swing for the fence everytime?
What is your business plan? Do you hit consistent singles or do go for the home run every time? What do you compare your business plan to a Derek Jeter (consistent $10-20k rehabs) or are you more of a Prince Fielder...
Robert M.
Drive by appraisals versus Full Appraisal in tenant occupied properties?
I am interested in everyones thoughts on getting the highest appraisal in tenant occupied properties. I am pulling some equity out to grow my portfolio with a community bank. I think they are flexible and would allo...
Roman M.
What is the ultimate goal with BRRRR?
What is the ultimate goal with BRRRR? Wanted to see what is everyone’s ultimate cashflow goal with this strategy. Is it, at the end of this chain of transactions to own a few property free and clear and have less ten...
Sergio Sifuentes
A Flip as a first deal? Would you do it?
Hi BP, I'm trying to start on the Real State business and I'm trying to do a Flip as my first deal. I don't like upfront process of providing the offer to the owner, therefor I'm buying the home from a wholesaler comp...
Michael Davido
Analyzing a rented duplex
This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
Cody Bradley
Getting appraisal for HELOC
In your experience, when getting a HELOC for your primary residence or investment property, do you think I'd be more likely to get a higher appraisal from a local lender or an online lender?
Sochima Eze
Looking lenders to fund next deal
Looking for financing for my next deal in the Maine area. Local banks are a bit too opinated for my liking and a tad more conservative than I am used to. This is not to say I haven’t had success with them at all, but ...
Gary Dale McKee
How does this deal look?
3bd 1 1/2 bath, 1,600 square foot.REO with asking price of $56,000I want to offer $42,000 on the property. It is in a good location and would make a great rental.Rent $750Taxes $65 Insurance $60Repairs 5% = $38Vacanc...