Looking to syndicate a deal on a 35 unit building. How do you accurately calculate the numbers so you know what number makes sense to purchase? Is there a clear formula to use? Basically we have the occupancy rate ...
I have been looking for brokers for a while and I found out (Broker A) is based on the 100% commission model, charges for errors and omissions insurance ($5 dollars per thousand) & I found out it was 20% out of th...
Last year I purchased my first two rental properties. I'm in it for the cash flow but was also hoping to get some of the tax perks. I talked with a couple of CPA's and went with one who has real estate investors and...
Hey BPers, quick question. I found a 4bdr 1ba. So I would go ahead and call that functionally obsolescent?? Especially if I want to rent out each room individually. I know there are 1,001 variations but I have no idea...
Hey everyone. So, I am/have been in the process of purchasing my first buy and hold investment. I am just curious as to whether I am doing my numbers correctly? What do you all include in your expenses when doing y...
Hello BP Community,
New investor here, under contract for a first investment property. Hoping my numbers are feasible as I acknowledge this isn't the most ideal deal. I posted this elsewhere but reposted this here as...
I'm exploring my options to roll over a 401k from an old employer and want to make sure I am understanding the basics here. I realize that I'll need more specific and detailed advice from my own advisor, but the exper...
I am a teacher and my wife is an accountant. We live in Kansas. For the last ten years we have been investing in stocks. I would like to diversify into real estate. My wife's grandmother passed away. My wife and I we...
At long last, the monopolistic mortgage backer Canadian Mortgage & Housing Corp finally warns that the Toronto market is overpriced due to income growth not keeping up with soaring house prices. Interestingly eno...
Hello,So I started my first mailing campaign. I have letters from one target and post cards for another just to check out both options. What should I do when the card or a letter is sent back to me? What would be the ...