Minka Sha
Make my best offer or walk away?
2 Unit Property in area listed at 175k and just fell out of escrow after someone placed an offer above everyone else. I had an offer of 180k on it and they want to know if that's my best offer. Would you offer more or...
Joel Kadlec
Please help! My first "real" deal and I'm at a crossraods
I am currently under contract on two 4plexes that are side by side, so 8 total units. After the inspection I found out that all the AC units and furnaces will need to be replaced pretty soon due to their ancient age. ...
Christopher Brown
Airdna? How real are the numbers and data?
So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
Anton Ivanov
5 Ways Turnkey Companies Inflate Cash Flow Numbers
Hi BP,I see tons of investors interested in turnkey properties lately, so I wanted to share my experience analyzing these deals after buying 4 in the last 12 months.After looking at maybe 100 or so properties, I can t...
Matt Shobel
Who's to Blame? Very Irratating
Hello, I recently rehabbed a house to sell and is now pending. When we listed the house, we put in the remarks that the house was sold AS IS. Inspections went fine, and we are about 1 week away from closing, but my ...
Ray Browne
What kind of cap rates are you looking for?
I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
Susan Perry
First rental investment... does this look like something I should move forward on?
I am in the inspection phase of a duplex purchase in Boca Raton, Fl. I have been doing a lot of research and I am starting to think I should leave this deal. I would appreciate any feedback that anyone may have. Here ...
Chris C.
Diary of my 4th flip
So I am going to jump on the diary band wagon and document my 4th flip. This is my third of this year and 1 last year.Just got word from my agent that the bank has accepted my offer. Just waiting for the documents t...
Marco Campos
Large Apartment Building Turnkey Experience
I currently own residential multifamily properties that are near passive income investments. My property manager handles minor events and I respond with decisions for major events such as a repair that exceeds $1K. I ...
Ben Relph
Rent Talk
I recently read Mike Butler's book Landlording on AutoPilot. One of the things that is in his book is setting up a "rent talk" with new tenants before they move in. In this talk you discuss your expectations and wor...