Hello All! My partner and I are currently looking at a property in MD and trying to calculate an accurate ARV based on our comps. There are 5 comparables; many of which were sold in the last 6 months As-is. There were...
I have been spending hours of time looking into my market. Biltmore is a neighborhood in Greenville, NC. Now, the crime is considered high according to Trulia....but it's not a bad area to me since I'm used to areas l...
Hi, I’m interested in purchasing a single family property that has the potential to be a duplex or triplex (very large house). I want to live in one unit and rent the others. I would like to use the other units pote...
Hello,My wife and I are looking to start a property management company. We have an idea of the steps involved but we are looking for suggestions in a few areas. We know that we will need a good legal consel to help se...
Hi BP,
I am getting a property under contract and I am trying to figure out a repair/rehab estimate. The property is more or less a shell. It has the brick but no walls on the inside and basically no interior ex...
Hello All, I have dabbled in real estate for some time now. Personally, I only own two units but I have been active in helping my father "fix and flip" and "fix and rent" about 15 properties over the past 10 years. My...
I’m interested to know what everyone’s underwriting criteria is…Cash on cashIRRDSCRExpense ratio1% Rule2% Rule50% RuleEtc.Basically how do you want to write a potential multi family investment property?I’m aware there...
I have found an apartment building in another state. I have gone online and checked out the town. I have called the apartment owners association for average rents and vacancy rates. Now, being unable to visit the a...
I found a property in Toledo Ohio that we might be interested in purchasing for our first investment. There will be renovation expenses so we will need to find a good but reasonable contractor. Do we secure our financ...
I am getting my real estate license and I want to know if it is possible to invest and be an agent I always get mixed opinions about it. I just want to know what are some of your thoughts. Thank you in advance!