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How do I figure my max auction bid?
I'm planning to go to an auction in 2 weeks. I hope to buy my first property. I'm trying to figure out what my max bid should be for the property. Any help or advice is much appreciated. Projected sale price (ARV) $2...
Christian Cody
How to figure in your property tax amount
Hi BP family. I have been working with the calculators on BP but am having trouble finding the numbers to use to get a true analysis. When it comes to property taxes, on any of the real estate sites, It gives a monthl...
Denise Pauzano
Quitting corporate and leaving a 6-figure salary
This is Year 2 for us and we are currently renovating our 2nd duplex with tenants lining up. I also just got my real estate license. I am a pharmacist with a great salary working in corporate (large pharma company) a...
Ivan Lopez
Trying to figure out my direct marketing sequence...
Hello BP Community,As I'm working on ramping up my direct marketing I've trying to figure out what my mailer sequence should be. I started off driving for dollars and sending out a mixed mailer type sequence where I a...
Jesse Jaramillo
Trying to figure out how to do this
I found a deal that I need to figure out how to work. There are two properties that would sell for about $85k each next to each other ARV. The owner is about to lose one property to auction and owes $12,000. The other...
Eric Sebast
How to figure out zoning needs for STR?
Hey All,Finally just closed on a one room schoolhouse that we are going to rehab and turn into a STR (posted before about it, and its been a roller coaster to finally get to closing).My question is, its currently zone...
Ashley Schroeder
How to figure out a small multifamily price?
My husband and I are new to multifamily purchases. What is a good way to figure out what the property is worth? Looking at land/tax records indicates the seller is way overpriced (by $100k), but I know that is not w...
Andre Houston
Help on figuring out financing options without w2
Hello my is Andre Houston I have 2 rentals and a primary home I'm ready to purchase another home but I don't have a w2 job anymore I have about 60 to 70k saved up I wanted to try an do a brrrr basically put 20 or 15 ...
Terry Royce
Figuring out max purchase price from mo rents.
I am looking at a 3 unit with mo gross rents of 1100. The price is too high, but how do I figure out what my max offer is based on the rents?
i know ive seen a "rule of thumb formula" bounced around here somewhere.
...
Josh Joly
No comps in area, how to figure value?
I'm looking at my first duplex. The area is almost strictly SFH. And this particular duplex is completely renovated where the others are not. What's my best bet for getting comps for purchase price and also rents? Has...