Hi All,My business partner and I have successfully Bought, Rehabbed, and Rented our first property with a 18.3% Cash on Cash return. This is a huge success for us being our first time now all we have to do is refinan...
I was wondering how the finances work for buying a property and renting it out. When I do the math on renting out a property, like in Texas, for a 1 bed and bath and compare it to the median rent for the area, the ren...
Those of you guys who invest in small towns in Midwest...Do you think those small towns will become obsolete? There are a lot of ghost towns here in Arizona, that are 1 hr away from Phoenix... And that is 1 hour away...
Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
I have talked with 3 different traditional mortgage brokers. I have been told different things with proceeding with a conventional loan through them. I'm in North Carolina, and purchasing a a home in this state.- Le...
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab.
My end goal is to buy and hold multi fam...
Hey everyone. I'm thinking about pulling the trigger on a 4-family in the Cincinnati area as my first REI deal and was hoping to run it past a few of the more experienced investors here on BP. I would be purchasing ...
Hi,
I have talked to my banker a bit more in regards to a couple of properties I have looked at, analysed, and am interested in making offers on.
For a bit of background, I am short on 'liquid cash'.......