I am looking at a condo in a resort area that has the potential to be a good deal with the right occupancy rate. I’ve confirmed the nightly rate, which averages out to be $135 per night. This has been confirmed by mul...
I am just getting started in REI and will be focusing on wholesaling. I plan to order bandit signs by the end of the year so i can get start the new year off right. Should I get a 800# service or just use my cell? I c...
Hi all,I've been reading through Real Estate By The Numbers by J Scott and Dave Meyers. It's really thorough and a great read so far!I'm caught up on their breakdown of NOI. They say Net Income = Operating Income - Ta...
I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...
I have a few VOIP numbers at this point through a basic provider. I can use them via my cell phone, computer, or VOIP phone at home. Usually, I just forward the calls to my cell to improve call quality, but then I nev...
Hi BP,I'm new to structuring partnerships. If I'm hunting the off-market deal, negotiating it and locking it up, and my partner is bringing in the down payment and (possibly) rehab costs, what is a fair equity/cash f...
Hello,
I'm curious to know if anyone can help with some info here. . .obviously REI, like any other form of investing, is all about the numbers. Although I've never done a deal and I've only been reading about and li...
I am trying to learn the numbers to not waste anyones time, lenders, agents etc. Could someone break down why a property with an asking price of 200k, arv of 310K and repairs of about 30k is a bad deal?
I am relatively new to REI (two months). I have an idea of the strategy I want to pursue (wholesaling SFR for now). I've begun networking with local REIA members and immersing myself in REI literature. I'd love to hea...
Hey guys, I wanted to know is there any websites or ways I can practice running numbers on homes. I ask because right now I go online and just pick a home off zillo ect and then play with the bp tool calculators but i...