A family member has an inactive real estate license in Arizona and looking for a broker in the Prescott area to hang their license. At this time we are only interested in using the license to purchase a home so I am ...
Good Afternoon. My name is CJ and I'm a newbie investor. I have a question in regards to calculating an offer price. I have heard many times that a standard is 70% of ARV minus repair costs. obviously that percentage ...
Hello everyone, I just have a question roi year one. I found this property and my roi would be about 7% year one, but the property is renting under market rent. So I could make minor improvements increase the rent and...
I am just getting started and still very new to this. I just recently purchased my first 2 rentals (in the last 60 days). Both are 3bd/1ba SFR in NC. Each were about 30k down, conventional financing. They cash flo...
Hello everyone,I am hoping to purchase two properties side by side to one another, each with 2 homes on them. (4 homes in total). The plan is to live in 1 and rent out the other 3. Here's where I am confused...I know ...
I picked up another farm on the court house steps. 17 acres, 5 ponds, 2 br house, amother in law shack & several buildings. Instead of just renting it out for $800 a month I am thinking of renting it for a vacatio...
What costs do you pay during closing every time whether you're refinancing a property or purchasing a property? I have a contract on a house that was purchased at a foreclosure auction. I must use cash or hard money. ...
Hi BP,
I've heard different answers about 1031s so I'd love some clarification: (using simple numbers and assuming I hold for 2 years, leaving out depreciation and selling costs, and making the differences in purcha...
I wanted to see what everyone's thoughts were as far as how much per door you look to get on an investment. Do you look to make at least $100 dollars a door after all is paid (Mortgage, Taxes, Insurance, Property Mana...
Hey BP community!
I decided to go give driving for dollars a try to hopefully land an off market deal. I managed to find a house that looks run down. The backyard looks like a dump and the entire neighborhood can se...